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.
MarketClub’s Trade Triangles for LAKGBP
The long term trend has been DOWN since Jan 31st, 2019 at 0.000090
The intermediate term trend has been DOWN since Jan 13th, 2019 at 0.000092
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).