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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

British Pound/Lao Kip (FOREX:GBPLAK)

Sidelines Mode (+50) - GBPLAK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPLAK can gain momentum.

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
11116.036 11116.036 11116.036 11116.036 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPLAK

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 11449.526

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2020 at 10803.502

short term up The short-term trend has been UP since Apr 2nd, 2020 at 10803.502

Smart Scan Analysis for GBPLAK

Based on our trend formula, GBPLAK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11116.036 11116.036 11116.036 11116.036 0.000
Prev. Close Volume Bid Ask Time
11116.036 10831.231 11400.840 2020-04-02 07:19:25
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