Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Lao Kip/US Dollar (FOREX:LAKUSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 LAKUSD
The long term trend has been DOWN since Nov 17th, 2016 at 0.000125
The intermediate term trend has been UP since Jan 3rd, 2019 at 0.000117
The short term trend has been DOWN since Jan 13th, 2019 at 0.000117
Smart Scan Analysis for LAKUSD
Based on a pre-defined weighted trend formula for chart analysis, LAKUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).