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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Euro/Lao Kip (FOREX:EURLAK)
Crossroads (-60) - EURLAK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURLAK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURLAK.
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 EURLAK
The long-term trend has been UP since Apr 5th, 2023 at 18532.4
The intermediate-term trend has been DOWN since Apr 13th, 2024 at 22703.0
The short-term trend has been DOWN since Apr 13th, 2024 at 22924.0
Smart Scan Analysis for EURLAK
Based on our trend formula, EURLAK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22634 | 22634 | 22634 | 22634 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22662 | 2024-04-13 18:02:06 |