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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Euro/Lao Kip (FOREX:EURLAK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_EURLAK
Open High Low EURLAK Price Change
9735 9735 9735 9735 0
Entry Signal

MarketClub’s Trade Triangles for EURLAK

long term down The long term trend has been DOWN since Nov 12th, 2018 at 9689.0

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2018 at 9874.8

short term up The short term trend has been UP since Dec 4th, 2018 at 9714.6

Smart Scan Analysis for EURLAK

Based on a pre-defined weighted trend formula for chart analysis, EURLAK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9735 9735 9735 9735 0
Prev. Close Volume Bid Ask Time
9735 9485 9985 2018-12-13 20:57:20
Want to analyze Euro/Lao Kip EURLAK or another symbol? Try our Free Forex Trend Analysis Report.