Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Euro/Lao Kip (FOREX:EURLAK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
9709.6 9709.6 9709.6 9709.6 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 up The short term trend has been UP since Sep 5th, 2019 at 9666.8

Smart Scan Analysis for EURLAK

Based on a pre-defined weighted trend formula for chart analysis, EURLAK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9709.6 9709.6 9709.6 9709.6 0.0
Prev. Close Volume Bid Ask Time
9709.6 9459.6 9959.6 2019-09-16 20:21:45
Want to analyze Euro/Lao Kip EURLAK or another symbol? Try our Free Forex Trend Analysis Report.