Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Euro/Lao Kip (FOREX:EURLAK)
Strong Uptrend (+100) - EURLAK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURLAK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURLAK
The long-term trend has been UP since Jun 1st, 2020 at 9902.3
The intermediate-term trend has been UP since Feb 22nd, 2021 at 11322.1
The short-term trend has been UP since Feb 22nd, 2021 at 11319.6
Smart Scan Analysis for EURLAK
Based on our trend formula, EURLAK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).