Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Lao Kip/British Pound (FOREX:LAKGBP)
Strong Downtrend (-100) - LAKGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LAKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for LAKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LAKGBP
The long-term trend has been DOWN since Jun 7th, 2020 at 0.00008748
The intermediate-term trend has been DOWN since Oct 7th, 2020 at 0.00008438
The short-term trend has been DOWN since Feb 8th, 2021 at 0.00007810
Smart Scan Analysis for LAKGBP
Based on our trend formula, LAKGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).