Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
Lao Kip/British Pound (FOREX:LAKGBP)
Weak Downtrend (-65) - LAKGBP is showing signs of a strengthening downtrend. Monitor LAKGBP as it may be building momentum to the downside.
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 Apr 5th, 2023 at 0.00004785
The intermediate-term trend has been UP since Sep 7th, 2023 at 0.00004046
The short-term trend has been DOWN since Sep 14th, 2023 at 0.00004041
Smart Scan Analysis for LAKGBP
Based on our trend formula, LAKGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).