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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Lao Kip (FOREX:USDLAK)
Long-Term Downtrend (-90) - USDLAK is in a strong downtrend that is likely to continue. While USDLAK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Dec 21st, 2024 at 21867.238
The short-term trend has been DOWN since Dec 2nd, 2024 at 21950.000
Smart Scan Analysis for USDLAK
Based on our trend formula, USDLAK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21799.971 | 21799.971 | 21799.971 | 21799.971 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21834.510 | 2024-12-21 08:23:55 |