Forex Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
US Dollar/Lao Kip (FOREX:USDLAK)
Bull Market Weakness (+75) - USDLAK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDLAK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDLAK?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDLAK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDLAK
The long-term trend has been UP since Oct 10th, 2021 at 10031.845
The intermediate-term trend has been UP since Oct 10th, 2021 at 10031.845
The short-term trend has been UP since Jun 2nd, 2022 at 13295.000
Smart Scan Analysis for USDLAK
Based on our trend formula, USDLAK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).