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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Lao Kip/US Dollar (FOREX:LAKUSD)
Sidelines Mode (+55) - LAKUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for LAKUSD
The long-term trend has been UP since Oct 10th, 2024 at 0.00004548
The intermediate-term trend has been DOWN since Nov 13th, 2024 at 0.00004555
The short-term trend has been UP since Nov 18th, 2024 at 0.00004555
Smart Scan Analysis for LAKUSD
Based on our trend formula, LAKUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00004574 | 0.00004574 | 0.00004574 | 0.00004574 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00004574 | 2024-11-18 21:06:11 |