Forex Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Lao Kip/Euro (FOREX:LAKEUR)
Long-Term Downtrend (-90) - LAKEUR is in a strong downtrend that is likely to continue. While LAKEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LAKEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for LAKEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LAKEUR
The long-term trend has been DOWN since Sep 27th, 2021 at 0.00008670
The intermediate-term trend has been DOWN since Sep 3rd, 2021 at 0.00008860
The short-term trend has been DOWN since Sep 27th, 2021 at 0.00008824
Smart Scan Analysis for LAKEUR
Based on our trend formula, LAKEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).