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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Lao Kip/US Dollar (FOREX:LAKUSD)

Strong Downtrend (-100) - LAKUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LAKUSD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid LAKUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for LAKUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_LAKUSD
Open High Low LAKUSD Price Change
0.00004554 0.00004554 0.00004554 0.00004554 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LAKUSD

long term down The long-term trend has been DOWN since Jul 6th, 2021 at 0.00010535

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2024 at 0.00004787

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 0.00004579

Smart Scan Analysis for LAKUSD

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

-100
Smart Scan Analysis for LAKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00004554 0.00004554 0.00004554 0.00004554 0.00000000
Prev. Close Volume Bid Ask Time
0.00004549 2024-06-23 21:00:30
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