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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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 ?

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
11609.277 11609.277 11609.277 11609.277 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPLAK

long term up The long-term trend has been UP since Oct 17th, 2019 at 11060.750

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2019 at 11513.695

short term up The short-term trend has been UP since Feb 13th, 2020 at 11594.466

Smart Scan Analysis for GBPLAK

Based on our trend formula, GBPLAK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11609.277 11609.277 11609.277 11609.277 0.000
Prev. Close Volume Bid Ask Time
11609.277 11308.331 11910.222 2020-02-16 21:04:32
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