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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Sri Lankan Rupee/British Pound (FOREX:LKRGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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_LKRGBP
Open High Low LKRGBP Price Change
0.004476 0.004476 0.004476 0.004476 0.000000
Entry Signal

MarketClub’s Trade Triangles for LKRGBP

long term up The long term trend has been UP since Apr 2nd, 2019 at 0.004375

intermediate term up The intermediate term trend has been UP since May 16th, 2019 at 0.004433

short term up The short term trend has been UP since May 15th, 2019 at 0.004412

Smart Scan Analysis for LKRGBP

Based on a pre-defined weighted trend formula for chart analysis, LKRGBP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for LKRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004476 0.004476 0.004476 0.004476 0.000000
Prev. Close Volume Bid Ask Time
0.004476 0.004396 0.004556 2019-05-20 21:09:47
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