Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Euro/Lao Kip (FOREX:EURLAK)
Strong Downtrend (-100) - EURLAK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 9th, 2020 at 9733.4
The intermediate-term trend has been DOWN since Mar 22nd, 2020 at 9799.1
The short-term trend has been DOWN since Mar 22nd, 2020 at 9741.1
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).