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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Lao Kip/British Pound (FOREX:LAKGBP)

Countertrend Up (+85) - LAKGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00003608 0.00003608 0.00003608 0.00003608 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LAKGBP

long term up The long-term trend has been UP since Nov 13th, 2024 at 0.00003562

intermediate term up The intermediate-term trend has been UP since Nov 13th, 2024 at 0.00003525

short term up The short-term trend has been UP since Oct 4th, 2024 at 0.00003406

Smart Scan Analysis for LAKGBP

Based on our trend formula, LAKGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for LAKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003608 0.00003608 0.00003608 0.00003608 0.00000000
Prev. Close Volume Bid Ask Time
0.00003608 2024-11-18 21:06:11
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