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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

US Dollar/Lao Kip (FOREX:USDLAK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_USDLAK
Open High Low USDLAK Price Change
8855.989 8867.500 8855.989 8867.500 +11.511
Entry Signal

MarketClub’s Trade Triangles for USDLAK

long term up The long term trend has been UP since Sep 25th, 2019 at 8825.600

intermediate term up The intermediate term trend has been UP since Nov 4th, 2019 at 8862.363

short term up The short term trend has been UP since Nov 15th, 2019 at 8862.000

Smart Scan Analysis for USDLAK

Based on a pre-defined weighted trend formula for chart analysis, USDLAK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDLAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8855.989 8867.500 8855.989 8867.500 +11.511
Prev. Close Volume Bid Ask Time
8838.960 8850.000 8885.000 2019-11-15 10:19:44
Want to analyze US Dollar/Lao Kip USDLAK or another symbol? Try our Free Forex Trend Analysis Report.