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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

US Dollar/Lao Kip (FOREX:USDLAK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

Open High Low USDLAK Price Change
8532.5 8532.5 8532.5 8532.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDLAK

long term up The long term trend has been UP since May 2nd, 2018 at 8331.0

intermediate term up The intermediate term trend has been UP since Nov 20th, 2018 at 8579.8

short term down The short term trend has been DOWN since Dec 13th, 2018 at 8540.0

Smart Scan Analysis for USDLAK

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

Smart Scan Analysis for USDLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8532.5 8532.5 8532.5 8532.5 0.0
Prev. Close Volume Bid Ask Time
8532.5 8505.0 8560.0 2018-12-14 18:07:41
Want to analyze US Dollar/Lao Kip USDLAK or another symbol? Try our Free Forex Trend Analysis Report.