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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Lao Kip/Euro (FOREX:LAKEUR)

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

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

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

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

FOREX_LAKEUR
Open High Low LAKEUR Price Change
0.00004357 0.00004357 0.00004357 0.00004357 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LAKEUR

long term down The long-term trend has been DOWN since Apr 5th, 2023 at 0.00005397

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 0.00004365

short term down The short-term trend has been DOWN since May 3rd, 2024 at 0.00004374

Smart Scan Analysis for LAKEUR

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

-100
Smart Scan Analysis for LAKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00004357 0.00004357 0.00004357 0.00004357 0.00000000
Prev. Close Volume Bid Ask Time
0.00004357 2024-05-08 21:02:48
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