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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Sri Lankan Rupee/US Dollar (FOREX:LKRUSD)

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_LKRUSD
Open High Low LKRUSD Price Change
0.00552250 0.00552250 0.00552250 0.00552250 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRUSD

long term down The long term trend has been DOWN since Aug 15th, 2019 at 0.00562900

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 0.00552506

short term down The short term trend has been DOWN since Nov 24th, 2019 at 0.00555602

Smart Scan Analysis for LKRUSD

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

-100
Smart Scan Analysis for LKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00552250 0.00552250 0.00552250 0.00552250 0.00000000
Prev. Close Volume Bid Ask Time
0.00552034 0.00542614 0.00561886 2019-12-04 07:16:00
Want to analyze Sri Lankan Rupee/US Dollar LKRUSD or another symbol? Try our Free Forex Trend Analysis Report.