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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

Sri Lankan Rupee/Norwegian Krone (FOREX:LKRNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_LKRNOK
Open High Low LKRNOK Price Change
0.04995 0.05005 0.04975 0.04985 -0.00010
Entry Signal

MarketClub’s Trade Triangles for LKRNOK

long term up The long term trend has been UP since Mar 8th, 2019 at 0.04905

intermediate term up The intermediate term trend has been UP since Jul 23rd, 2019 at 0.04905

short term down The short term trend has been DOWN since Aug 21st, 2019 at 0.05045

Smart Scan Analysis for LKRNOK

Based on a pre-defined weighted trend formula for chart analysis, LKRNOK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for LKRNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04995 0.05005 0.04975 0.04985 -0.00010
Prev. Close Volume Bid Ask Time
0.04995 0.04980 0.04990 2019-08-23 13:59:01
Want to analyze Sri Lankan Rupee/Norwegian Krone LKRNOK or another symbol? Try our Free Forex Trend Analysis Report.