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Forex Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

Euro/Lao Kip (FOREX:EURLAK)

Strong Downtrend (-100) - EURLAK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURLAK?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURLAK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURLAK
Open High Low EURLAK Price Change
9607.8 9607.8 9607.8 9607.8 0.0
Entry Signal

MarketClub’s Trade Triangles for EURLAK

long term down The long-term trend has been DOWN since Feb 9th, 2020 at 9733.4

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 9856.3

short term down The short-term trend has been DOWN since Feb 9th, 2020 at 9791.7

Smart Scan Analysis for EURLAK

Based on our trend formula, EURLAK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for EURLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9607.8 9607.8 9607.8 9607.8 0.0
Prev. Close Volume Bid Ask Time
9607.8 9357.8 9857.8 2020-02-19 07:21:16
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