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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

US Dollar/Sri Lankan Rupee (FOREX:USDLKR)

Weak Downtrend (-65) - USDLKR is showing signs of a strengthening downtrend. Monitor USDLKR as it may be building momentum to the downside.

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

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

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

FOREX_USDLKR
Open High Low USDLKR Price Change
186.00888 186.00888 186.00888 186.00888 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDLKR

long term up The long-term trend has been UP since Aug 15th, 2019 at 177.70000

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2020 at 190.51838

short term down The short-term trend has been DOWN since Apr 30th, 2020 at 192.05029

Smart Scan Analysis for USDLKR

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

-70
Smart Scan Analysis for USDLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
186.00888 186.00888 186.00888 186.00888 0.00000
Prev. Close Volume Bid Ask Time
186.00888 182.85858 189.15918 2020-06-01 07:17:50
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