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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Lao Kip (FOREX:GBPLAK)
Sidelines Mode (+55) - GBPLAK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPLAK?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLAK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPLAK
The long-term trend has been UP since Mar 11th, 2025 at 27994.956
The intermediate-term trend has been UP since Apr 6th, 2025 at 28110.887
The short-term trend has been DOWN since May 2nd, 2025 at 28896.430
Smart Scan Analysis for GBPLAK
Based on our trend formula, GBPLAK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28733.759 | 28733.759 | 28733.759 | 28733.759 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28733.759 | 2025-05-03 16:46:30 |