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Forex Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

US Dollar/Lao Kip (FOREX:USDLAK)

Bull Market Weakness (+75) - USDLAK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDLAK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDLAK?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDLAK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDLAK
Open High Low USDLAK Price Change
22094.096 22150.000 22071.902 22150.000 +55.904
Entry Signal

MarketClub’s Trade Triangles for USDLAK

long term up The long-term trend has been UP since Feb 5th, 2024 at 20761.000

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2024 at 20892.991

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 22095.000

Smart Scan Analysis for USDLAK

Based on our trend formula, USDLAK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22094.096 22150.000 22071.902 22150.000 +55.904
Prev. Close Volume Bid Ask Time
22078.469 2024-07-11 14:35:20
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