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Forex Trend Analysis Report

Prepared for you on Monday, March 4, 2024.

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
22603 22603 22603 22603 0
Entry Signal

MarketClub’s Trade Triangles for EURLAK

long term up The long-term trend has been UP since Apr 5th, 2023 at 18532.4

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 22461.0

short term up The short-term trend has been UP since Feb 13th, 2024 at 22435.0

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
22603 22603 22603 22603 0
Prev. Close Volume Bid Ask Time
22603 2024-03-03 21:07:15
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