Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Lao Kip/US Dollar (FOREX:LAKUSD)
Weak Downtrend (-65) - LAKUSD is showing signs of a strengthening downtrend. Monitor LAKUSD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for LAKUSD
The long-term trend has been DOWN since Dec 2nd, 2020 at 0.00010792
The intermediate-term trend has been UP since Nov 19th, 2023 at 0.00004836
The short-term trend has been DOWN since Nov 23rd, 2023 at 0.00004827
Smart Scan Analysis for LAKUSD
Based on our trend formula, LAKUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).