Technically yes.
Assuming you have a $post_id you can do:
$lang = Language_Switcher::instance()->get_post_language($post_id);
For a term it is:
$lang = Language_Switcher::instance()->get_term_language($term_id);
Either way you should get something like:
array(2) {
["urls"]=>
array(1) {
["en"]=>
bool(false)
}
["main"]=>
string(2) "en"
}
To retrieve the language use:
$lang['main']