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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
US Dollar/Lao Kip (FOREX:USDLAK)
Crossroads (-60) - USDLAK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Feb 5th, 2024 at 20761
The intermediate-term trend has been DOWN since Sep 25th, 2024 at 22105
The short-term trend has been DOWN since Sep 25th, 2024 at 22105
Smart Scan Analysis for USDLAK
Based on our trend formula, USDLAK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21872.845 | 21872.845 | 21872.845 | 21872.845 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22012.582 | 2024-10-19 08:23:39 |