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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Lao Kip/British Pound (FOREX:LAKGBP)
Bear Market Rally (-75) - LAKGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LAKGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid LAKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for LAKGBP.
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 LAKGBP
The long-term trend has been DOWN since Apr 5th, 2023 at 0.00004785
The intermediate-term trend has been DOWN since May 14th, 2024 at 0.00003733
The short-term trend has been UP since Jul 21st, 2024 at 0.00003480
Smart Scan Analysis for LAKGBP
Based on our trend formula, LAKGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00003505 | 0.00003505 | 0.00003505 | 0.00003505 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00003505 | 2024-07-26 14:00:14 |