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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Lao Kip (FOREX:USDLAK)
Strong Uptrend (+100) - USDLAK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDLAK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDLAK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDLAK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDLAK
The long-term trend has been UP since Feb 5th, 2024 at 20761.000
The intermediate-term trend has been UP since Mar 14th, 2024 at 20892.991
The short-term trend has been UP since May 7th, 2024 at 21340.000
Smart Scan Analysis for USDLAK
Based on our trend formula, USDLAK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21360.109 | 21366.571 | 21355.000 | 21366.571 | +6.462 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21360.109 | 2024-05-08 21:02:48 |