Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
US Dollar/Lao Kip (FOREX:USDLAK)
Long-Term Uptrend (+90) - USDLAK is in a strong uptrend that is likely to continue. While USDLAK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for USDLAK
The long-term trend has been UP since Sep 25th, 2019 at 8825.600
The intermediate-term trend has been UP since Feb 11th, 2021 at 9346.647
The short-term trend has been UP since Feb 19th, 2021 at 9351.500
Smart Scan Analysis for USDLAK
Based on our trend formula, USDLAK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).