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Forex Trend Analysis Report

Prepared for you on Tuesday, June 19, 2018.

Euro/Lao Kip (FOREX:EURLAK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURLAK
Open High Low EURLAK Price Change
9728.5 9728.5 9728.5 9728.5 0.0
Entry Signal

MarketClub’s Trade Triangles for EURLAK

long term down The long term trend has been DOWN since Apr 29th, 2018 at 10099.4

intermediate term down The intermediate term trend has been DOWN since Jun 17th, 2018 at 9736.4

short term down The short term trend has been DOWN since Jun 17th, 2018 at 9821.7

Smart Scan Analysis for EURLAK

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

-100
Smart Scan Analysis for EURLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9728.5 9728.5 9728.5 9728.5 0.0
Prev. Close Volume Bid Ask Time
9728.5 9478.5 9978.5 2018-06-17 21:06:01
Want to analyze Euro/Lao Kip EURLAK or another symbol? Try our Free Forex Trend Analysis Report.