Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Euro/Lao Kip (FOREX:EURLAK)
Bull Market Weakness (+75) - EURLAK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURLAK as it may be in the beginning stages of a reversal.
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 Sep 27th, 2021 at 11539.9
The intermediate-term trend has been UP since Sep 3rd, 2021 at 11292.5
The short-term trend has been UP since Sep 27th, 2021 at 11338.0
Smart Scan Analysis for EURLAK
Based on our trend formula, EURLAK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).