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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Lesotho Loti (FOREX:EURLSL)
Bear Market Rally (-75) - EURLSL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURLSL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURLSL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURLSL.
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 EURLSL
The long-term trend has been DOWN since Apr 2nd, 2024 at 20.3067
The intermediate-term trend has been DOWN since Apr 29th, 2024 at 20.1056
The short-term trend has been UP since May 8th, 2024 at 19.9233
Smart Scan Analysis for EURLSL
Based on our trend formula, EURLSL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.999 | 19.999 | 19.999 | 19.999 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.999 | 2024-05-08 21:02:48 |