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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.

FOREX_USDLAK
Open High Low USDLAK Price Change
9011.751 9012.500 9010.000 9012.500 +0.749
Entry Signal

MarketClub’s Trade Triangles for USDLAK

long term up The long-term trend has been UP since Sep 25th, 2019 at 8825.600

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2020 at 8910.161

short term up 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).

+65
Smart Scan Analysis for USDLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9011.751 9012.500 9010.000 9012.500 +0.749
Prev. Close Volume Bid Ask Time
9011.751 8990.000 9035.000 2020-06-01 16:45:19
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