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Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Lao Kip/US Dollar (FOREX:LAKUSD)
Bear Market Rally (-75) - LAKUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LAKUSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid LAKUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for LAKUSD.
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 LAKUSD
The long-term trend has been DOWN since Jun 7th, 2021 at 0.00010594
The intermediate-term trend has been DOWN since Mar 17th, 2024 at 0.00004787
The short-term trend has been UP since May 3rd, 2024 at 0.00004689
Smart Scan Analysis for LAKUSD
Based on our trend formula, LAKUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00004691 | 0.00004691 | 0.00004691 | 0.00004691 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00004691 | 2024-05-03 07:26:23 |