Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Sri Lankan Rupee/British Pound (FOREX:LKRGBP)
Bull Market Weakness (+75) - LKRGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LKRGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LKRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for LKRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LKRGBP
The long-term trend has been UP since Mar 29th, 2020 at 0.00427615
The intermediate-term trend has been UP since May 3rd, 2020 at 0.00419868
The short-term trend has been UP since Apr 30th, 2020 at 0.00417372
Smart Scan Analysis for LKRGBP
Based on our trend formula, LKRGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).