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Forex Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

Sri Lankan Rupee/US Dollar (FOREX:LKRUSD)

Strong Downtrend (-100) - LKRUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.00538401 0.00538401 0.00538401 0.00538401 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 Jul 29th, 2020 at 0.00538110

short term down The short-term trend has been DOWN since Jul 29th, 2020 at 0.00538372

Smart Scan Analysis for LKRUSD

Based on our trend formula, LKRUSD is rated as a -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
0.00538401 0.00538401 0.00538401 0.00538401 0.00000000
Prev. Close Volume Bid Ask Time
0.00538401 0.00529797 0.00547005 2020-08-08 13:36:04
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