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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

British Pound/Lao Kip (FOREX:GBPLAK)

Bull Market Weakness (+75) - GBPLAK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPLAK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPLAK?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLAK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPLAK
Open High Low GBPLAK Price Change
13910.963 13910.963 13910.963 13910.963 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPLAK

long term up The long-term trend has been UP since Jun 7th, 2020 at 11438.753

intermediate term up The intermediate-term trend has been UP since Sep 12th, 2021 at 13254.049

short term up The short-term trend has been UP since Sep 27th, 2021 at 13250.900

Smart Scan Analysis for GBPLAK

Based on our trend formula, GBPLAK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13910.963 13910.963 13910.963 13910.963 0.000
Prev. Close Volume Bid Ask Time
13910.963 2021-10-18 07:17:19
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