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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Lao Kip/British Pound (FOREX:LAKGBP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_LAKGBP
Open High Low LAKGBP Price Change
0.00008613 0.00008613 0.00008613 0.00008613 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LAKGBP

long term down The long term trend has been DOWN since Oct 17th, 2019 at 0.00009000

intermediate term up The intermediate term trend has been UP since Dec 23rd, 2019 at 0.00008691

short term up The short term trend has been UP since Jan 3rd, 2020 at 0.00008564

Smart Scan Analysis for LAKGBP

Based on a pre-defined weighted trend formula for chart analysis, LAKGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for LAKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00008613 0.00008613 0.00008613 0.00008613 0.00000000
Prev. Close Volume Bid Ask Time
0.00008613 0.00008394 0.00008831 2020-01-12 13:08:56
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