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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
US Dollar/Lao Kip (FOREX:USDLAK)
Sidelines Mode (+50) - USDLAK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDLAK can gain momentum.
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.
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MarketClub’s Trade Triangles for USDLAK
The long-term trend has been DOWN since Nov 5th, 2024 at 21877.972
The intermediate-term trend has been UP since Nov 8th, 2024 at 21957.782
The short-term trend has been UP since Nov 20th, 2024 at 21951.500
Smart Scan Analysis for USDLAK
Based on our trend formula, USDLAK is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21955.000 | 21977.147 | 21955.000 | 21977.147 | +22.147 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21955.000 | 2024-11-20 19:11:53 |