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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Sri Lankan Rupee/US Dollar (FOREX:LKRUSD)

Bull Market Weakness (+75) - LKRUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LKRUSD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid LKRUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for LKRUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_LKRUSD
Open High Low LKRUSD Price Change
0.00342565 0.00342565 0.00342565 0.00342565 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRUSD

long term up The long-term trend has been UP since Jan 16th, 2024 at 0.00310512

intermediate term up The intermediate-term trend has been UP since Sep 30th, 2024 at 0.00331928

short term up The short-term trend has been UP since Sep 30th, 2024 at 0.00330740

Smart Scan Analysis for LKRUSD

Based on our trend formula, LKRUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for LKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00342565 0.00342565 0.00342565 0.00342565 0.00000000
Prev. Close Volume Bid Ask Time
0.00339862 2024-10-19 08:23:39
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