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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Lao Kip/British Pound (FOREX:LAKGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

FOREX_LAKGBP
Open High Low LAKGBP Price Change
0.000088 0.000088 0.000088 0.000088 0.000000
Entry Signal

MarketClub’s Trade Triangles for LAKGBP

long term down The long term trend has been DOWN since Jan 31st, 2019 at 0.000090

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2019 at 0.000092

short term up The short term trend has been UP since Mar 10th, 2019 at 0.000088

Smart Scan Analysis for LAKGBP

Based on a pre-defined weighted trend formula for chart analysis, LAKGBP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for LAKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000088 0.000088 0.000088 0.000088 0.000000
Prev. Close Volume Bid Ask Time
8.8e-05 0.000085 0.000090 2019-03-17 21:10:49
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