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Forex Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

Lao Kip/British Pound (FOREX:LAKGBP)

Long-Term Downtrend (-90) - LAKGBP is in a strong downtrend that is likely to continue. While LAKGBP 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 LAKGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for LAKGBP.

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FOREX_LAKGBP
Open High Low LAKGBP Price Change
0.00005431 0.00005431 0.00005431 0.00005431 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LAKGBP

long term down The long-term trend has been DOWN since Jun 7th, 2020 at 0.00008748

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2022 at 0.00005539

short term down The short-term trend has been DOWN since Jul 27th, 2022 at 0.00005556

Smart Scan Analysis for LAKGBP

Based on our trend formula, LAKGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LAKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005431 0.00005431 0.00005431 0.00005431 0.00000000
Prev. Close Volume Bid Ask Time
0.00005431 2022-08-10 07:20:34
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