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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Euro/Lao Kip (FOREX:EURLAK)

Long-Term Downtrend (-90) - EURLAK is in a strong downtrend that is likely to continue. While EURLAK is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_EURLAK
Open High Low EURLAK Price Change
22482 22482 22482 22482 0
Entry Signal

MarketClub’s Trade Triangles for EURLAK

long term down The long-term trend has been DOWN since Nov 8th, 2024 at 23748

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2024 at 23748

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 23045

Smart Scan Analysis for EURLAK

Based on our trend formula, EURLAK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22482 22482 22482 22482 0
Prev. Close Volume Bid Ask Time
22531 2025-01-15 07:25:16
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