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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.

FOREX_LKRGBP
Open High Low LKRGBP Price Change
0.00375870 0.00375870 0.00373724 0.00373724 -0.00002100
Entry Signal

MarketClub’s Trade Triangles for LKRGBP

long term down The long-term trend has been DOWN since Jul 29th, 2020 at 0.00417081

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 0.00365547

short term up 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).

-60
Smart Scan Analysis for LKRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00375870 0.00375870 0.00373724 0.00373724 -0.00002100
Prev. Close Volume Bid Ask Time
0.00373987 2021-04-18 22:47:11
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