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Forex Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
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.
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MarketClub’s Trade Triangles for GBPLAK
The long-term trend has been UP since Jun 7th, 2020 at 11438.753
The intermediate-term trend has been UP since Jul 27th, 2022 at 18060.234
The short-term trend has been UP since Jul 27th, 2022 at 18003.841
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18464.567 | 18464.567 | 18464.567 | 18464.567 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18404.229 | 2022-08-07 21:08:40 |