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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.
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MarketClub’s Trade Triangles for LKRUSD
The long term trend has been DOWN since Aug 15th, 2019 at 0.00562900
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 0.00552506
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).
| 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 |