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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

US Dollar/Lao Kip (FOREX:USDLAK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

Open High Low USDLAK Price Change
8583.6 8583.6 8583.6 8583.6 0.0
Entry Signal

MarketClub’s Trade Triangles for USDLAK

long term up The long term trend has been UP since May 2nd, 2018 at 8331.0

intermediate term down The intermediate term trend has been DOWN since Jan 3rd, 2019 at 8532.5

short term up The short term trend has been UP since Feb 15th, 2019 at 8581.5

Smart Scan Analysis for USDLAK

Based on a pre-defined weighted trend formula for chart analysis, USDLAK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8583.6 8583.6 8583.6 8583.6 0.0
Prev. Close Volume Bid Ask Time
8583.6 8361.9 8805.3 2019-02-15 08:47:39
Want to analyze US Dollar/Lao Kip USDLAK or another symbol? Try our Free Forex Trend Analysis Report.