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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

US Dollar/Lao Kip (FOREX:USDLAK)

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_USDLAK
Open High Low USDLAK Price Change
8387.25 8387.25 8387.25 8387.25 0.00
Entry Signal

MarketClub’s Trade Triangles for USDLAK

long term up The long term trend has been UP since May 2nd, 2018 at 8331.00

intermediate term down The intermediate term trend has been DOWN since Jul 13th, 2018 at 8342.65

short term down The short term trend has been DOWN since Jul 13th, 2018 at 8430.50

Smart Scan Analysis for USDLAK

Based on a pre-defined weighted trend formula for chart analysis, USDLAK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8387.25 8387.25 8387.25 8387.25 0.00
Prev. Close Volume Bid Ask Time
8387.25 8173.20 8601.30 2018-07-15 20:25:52
Want to analyze US Dollar/Lao Kip USDLAK or another symbol? Try our Free Forex Trend Analysis Report.