Forex Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Sri Lankan Rupee/British Pound (FOREX:LKRGBP)
Crossroads (-60) - LKRGBP 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 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 DOWN since Jul 29th, 2020 at 0.00417081
The intermediate-term trend has been UP since Apr 18th, 2021 at 0.00365547
The short-term trend has been UP since Apr 18th, 2021 at 0.00362633
Smart Scan Analysis for LKRGBP
Based on our trend formula, LKRGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).