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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Euro/Lao Kip (FOREX:EURLAK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
9827.8 9827.8 9827.8 9827.8 0.0
Entry Signal

MarketClub’s Trade Triangles for EURLAK

long term up The long term trend has been UP since Sep 16th, 2018 at 9961.7

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 Oct 18th, 2018 at 9808.9

Smart Scan Analysis for EURLAK

Based on a pre-defined weighted trend formula for chart analysis, EURLAK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9827.8 9827.8 9827.8 9827.8 0.0
Prev. Close Volume Bid Ask Time
9827.8 9577.8 10077.8 2018-10-18 21:29:55
Want to analyze Euro/Lao Kip EURLAK or another symbol? Try our Free Forex Trend Analysis Report.