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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Euro/Lao Kip (FOREX:EURLAK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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
9711.8 9711.8 9711.8 9711.8 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 Aug 5th, 2018 at 9794.6

short term down The short term trend has been DOWN since Aug 2nd, 2018 at 9849.8

Smart Scan Analysis for EURLAK

Based on a pre-defined weighted trend formula for chart analysis, EURLAK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9711.8 9711.8 9711.8 9711.8 0.0
Prev. Close Volume Bid Ask Time
9711.8 9461.8 9961.8 2018-08-14 21:13:07
Want to analyze Euro/Lao Kip EURLAK or another symbol? Try our Free Forex Trend Analysis Report.