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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Sri Lankan Rupee/US Dollar (FOREX:LKRUSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_LKRUSD
Open High Low LKRUSD Price Change
0.005681 0.005681 0.005681 0.005681 0.000000
Entry Signal

MarketClub’s Trade Triangles for LKRUSD

long term up The long term trend has been UP since Mar 31st, 2019 at 0.005656

intermediate term down The intermediate term trend has been DOWN since May 12th, 2019 at 0.005706

short term down The short term trend has been DOWN since May 24th, 2019 at 0.005684

Smart Scan Analysis for LKRUSD

Based on a pre-defined weighted trend formula for chart analysis, LKRUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for LKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.005681 0.005681 0.005681 0.005681 0.000000
Prev. Close Volume Bid Ask Time
0.005681 0.005580 0.005782 2019-05-25 09:13:19
Want to analyze Sri Lankan Rupee/US Dollar LKRUSD or another symbol? Try our Free Forex Trend Analysis Report.