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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Lao Kip/British Pound (FOREX:LAKGBP)

Strong Downtrend (-100) - LAKGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LAKGBP continues to fall. Traders should use caution and set stops.

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.

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FOREX_LAKGBP
Open High Low LAKGBP Price Change
0.00003673 0.00003673 0.00003671 0.00003671 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LAKGBP

long term down The long-term trend has been DOWN since Apr 5th, 2023 at 0.00004785

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 0.00003733

short term down The short-term trend has been DOWN since May 13th, 2024 at 0.00003739

Smart Scan Analysis for LAKGBP

Based on our trend formula, LAKGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for LAKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003673 0.00003673 0.00003671 0.00003671 0.00000000
Prev. Close Volume Bid Ask Time
0.00003662 2024-05-26 21:00:22
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