Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
US Dollar/Lao Kip (FOREX:USDLAK)
Weak Uptrend (+65) - USDLAK is showing signs of weakening momentum to the upside. Monitor 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 Sep 25th, 2019 at 8825.600
The intermediate-term trend has been DOWN since May 18th, 2020 at 8910.161
The short-term trend has been UP since May 21st, 2020 at 9005.000
Smart Scan Analysis for USDLAK
Based on our trend formula, USDLAK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).