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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Lao Kip (FOREX:USDLAK)
Bear Market Rally (-75) - USDLAK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDLAK as it may be in the beginning 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.
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MarketClub’s Trade Triangles for USDLAK
The long-term trend has been DOWN since Nov 5th, 2024 at 21877.972
The intermediate-term trend has been UP since Nov 8th, 2024 at 21957.782
The short-term trend has been DOWN since Nov 18th, 2024 at 21951.500
Smart Scan Analysis for USDLAK
Based on our trend formula, USDLAK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21950 | 21950 | 21950 | 21950 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21950 | 2024-11-19 15:54:53 |