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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Lao Kip (FOREX:EURLAK)
Countertrend Up (+85) - EURLAK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since May 7th, 2024 at 22915.0
The short-term trend has been DOWN since Jul 21st, 2024 at 24145.0
Smart Scan Analysis for EURLAK
Based on our trend formula, EURLAK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24078 | 24078 | 24078 | 24078 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24078 | 2024-07-26 14:00:14 |