Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
British Pound/Lao Kip (FOREX:GBPLAK)
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.
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MarketClub’s Trade Triangles for GBPLAK
The long term trend has been DOWN since Jun 2nd, 2019 at 11022.60
The intermediate term trend has been UP since Aug 18th, 2019 at 10570.85
The short term trend has been DOWN since Sep 17th, 2019 at 10957.85
Smart Scan Analysis for GBPLAK
Based on a pre-defined weighted trend formula for chart analysis, GBPLAK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10998.4 | 10998.4 | 10998.4 | 10998.4 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11046.8 | 10715.8 | 11281.0 | 2019-09-18 20:37:16 |