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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Euro/Lao Kip (FOREX:EURLAK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURLAK
Open High Low EURLAK Price Change
9728.3 9728.3 9728.3 9728.3 0.0
Entry Signal

MarketClub’s Trade Triangles for EURLAK

long term down The long term trend has been DOWN since Aug 18th, 2019 at 9683.3

intermediate term up The intermediate term trend has been UP since Sep 13th, 2019 at 9715.2

short term down The short term trend has been DOWN since Sep 17th, 2019 at 9709.6

Smart Scan Analysis for EURLAK

Based on a pre-defined weighted trend formula for chart analysis, EURLAK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9728.3 9728.3 9728.3 9728.3 0.0
Prev. Close Volume Bid Ask Time
9742.1 9478.3 9978.3 2019-09-18 20:37:16
Want to analyze Euro/Lao Kip EURLAK or another symbol? Try our Free Forex Trend Analysis Report.