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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

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.

FOREX_EURLAK
Open High Low EURLAK Price Change
11285 11285 11285 11285 0
Entry Signal

MarketClub’s Trade Triangles for EURLAK

long term up The long-term trend has been UP since Jun 1st, 2020 at 9902.3

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 10932.8

short term up The short-term trend has been UP since Nov 9th, 2020 at 10844.7

Smart Scan Analysis for EURLAK

Based on our trend formula, EURLAK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11285 11285 11285 11285 0
Prev. Close Volume Bid Ask Time
11285 2020-12-04 07:18:27
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