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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

British Pound/Sri Lankan Rupee (FOREX:GBPLKR)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPLKR
Open High Low GBPLKR Price Change
234.19 234.19 233.52 233.52 -0.67
Entry Signal

MarketClub’s Trade Triangles for GBPLKR

long term up The long term trend has been UP since Sep 14th, 2018 at 214.825

intermediate term down The intermediate term trend has been DOWN since Feb 1st, 2019 at 231.425

short term down The short term trend has been DOWN since Feb 23rd, 2019 at 233.600

Smart Scan Analysis for GBPLKR

Based on a pre-defined weighted trend formula for chart analysis, GBPLKR scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for GBPLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
234.19 234.19 233.52 233.52 -0.67
Prev. Close Volume Bid Ask Time
234.19 229.50 237.54 2019-02-23 07:41:31
Want to analyze British Pound/Sri Lankan Rupee GBPLKR or another symbol? Try our Free Forex Trend Analysis Report.