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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 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.

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FOREX_LAKGBP
Open High Low LAKGBP Price Change
0.00007102 0.00007102 0.00007096 0.00007096 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 Sep 12th, 2021 at 0.00007549

short term down The short-term trend has been DOWN since Sep 27th, 2021 at 0.00007550

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).

-100
Smart Scan Analysis for LAKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00007102 0.00007102 0.00007096 0.00007096 0.00000000
Prev. Close Volume Bid Ask Time
0.00007099 2021-10-25 21:08:35
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