Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Lesotho Loti (FOREX:GBPLSL)
Long-Term Downtrend (-90) - GBPLSL is in a strong downtrend that is likely to continue. While GBPLSL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPLSL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLSL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPLSL
The long-term trend has been DOWN since Apr 8th, 2024 at 23.576788
The intermediate-term trend has been DOWN since May 1st, 2024 at 23.429687
The short-term trend has been DOWN since Apr 29th, 2024 at 23.652500
Smart Scan Analysis for GBPLSL
Based on our trend formula, GBPLSL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.250461 | 23.250461 | 23.250461 | 23.250461 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.250461 | 2024-05-08 21:02:48 |