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Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
US Dollar/Lao Kip (FOREX:USDLAK)
Sidelines Mode (+55) - USDLAK 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 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 UP since Oct 10th, 2021 at 10031.845
The intermediate-term trend has been UP since Mar 27th, 2023 at 16961.500
The short-term trend has been DOWN since Mar 28th, 2023 at 16960.000
Smart Scan Analysis for USDLAK
Based on our trend formula, USDLAK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16876.286 | 16876.286 | 16874.106 | 16874.106 | -2.180 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16876.286 | 2023-03-28 13:24:45 |