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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

British Pound/Lesotho Loti (FOREX:GBPLSL)

Sidelines Mode (+55) - GBPLSL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_GBPLSL
Open High Low GBPLSL Price Change
24.102009 24.103985 24.102009 24.103985 +0.001976
Entry Signal

MarketClub’s Trade Triangles for GBPLSL

long term up The long-term trend has been UP since Dec 11th, 2023 at 24.009396

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 23.954644

short term up The short-term trend has been UP since Mar 18th, 2024 at 23.885347

Smart Scan Analysis for GBPLSL

Based on our trend formula, GBPLSL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.102009 24.103985 24.102009 24.103985 +0.001976
Prev. Close Volume Bid Ask Time
24.102009 2024-03-29 03:30:07
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