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Forex Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

Sri Lankan Rupee/Euro (FOREX:LKREUR)

Crossroads (-60) - LKREUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid LKREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for LKREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_LKREUR
Open High Low LKREUR Price Change
0.00309874 0.00309874 0.00309874 0.00309874 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKREUR

long term up The long-term trend has been UP since Feb 5th, 2024 at 0.00289465

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 0.00310963

short term down The short-term trend has been DOWN since May 5th, 2024 at 0.00313763

Smart Scan Analysis for LKREUR

Based on our trend formula, LKREUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for LKREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00309874 0.00309874 0.00309874 0.00309874 0.00000000
Prev. Close Volume Bid Ask Time
0.00311933 2024-05-08 21:02:47
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