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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Lao Kip/British Pound (FOREX:LAKGBP)

Crossroads (+60) - LAKGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_LAKGBP
Open High Low LAKGBP Price Change
0.00003773 0.00003773 0.00003773 0.00003773 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LAKGBP

long term down The long-term trend has been DOWN since Apr 5th, 2023 at 0.00004785

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2024 at 0.00003765

short term up The short-term trend has been UP since Apr 13th, 2024 at 0.00003744

Smart Scan Analysis for LAKGBP

Based on our trend formula, LAKGBP is rated as a +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
0.00003773 0.00003773 0.00003773 0.00003773 0.00000000
Prev. Close Volume Bid Ask Time
0.00003767 2024-04-13 18:02:06
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