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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2019.

Sri Lankan Rupee/Icelandic Krona (FOREX:LKRISK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_LKRISK
Open High Low LKRISK Price Change
0.64580 0.65875 0.64550 0.65675 +0.01095
Entry Signal

MarketClub’s Trade Triangles for LKRISK

long term down The long term trend has been DOWN since Dec 21st, 2018 at 0.64785

intermediate term down The intermediate term trend has been DOWN since Mar 13th, 2019 at 0.66030

short term down The short term trend has been DOWN since Mar 12th, 2019 at 0.67660

Smart Scan Analysis for LKRISK

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

-100
Smart Scan Analysis for LKRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.64580 0.65875 0.64550 0.65675 +0.01095
Prev. Close Volume Bid Ask Time
0.64580 0.65470 0.65880 2019-03-18 14:23:29
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