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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

US Dollar/Sri Lankan Rupee (FOREX:USDLKR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_USDLKR
Open High Low USDLKR Price Change
179.840 179.985 179.740 179.985 +0.145
Entry Signal

MarketClub’s Trade Triangles for USDLKR

long term up The long term trend has been UP since Jan 10th, 2018 at 154.295

intermediate term down The intermediate term trend has been DOWN since Jan 29th, 2019 at 180.870

short term up The short term trend has been UP since Feb 18th, 2019 at 178.700

Smart Scan Analysis for USDLKR

Based on a pre-defined weighted trend formula for chart analysis, USDLKR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for USDLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
179.840 179.985 179.740 179.985 +0.145
Prev. Close Volume Bid Ask Time
179.840 176.890 183.080 2019-02-18 20:57:06
Want to analyze US Dollar/Sri Lankan Rupee USDLKR or another symbol? Try our Free Forex Trend Analysis Report.