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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
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 Apr 5th, 2023 at 20903.954
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 26569.606
The short-term trend has been UP since Apr 24th, 2024 at 26539.248
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 |
|---|---|---|---|---|
| 26710.983 | 26710.983 | 26710.983 | 26710.983 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26710.983 | 2024-04-26 07:26:04 |