Forex Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
Lesotho Loti/British Pound (FOREX:LSLGBP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
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.
MarketClub’s Trade Triangles for LSLGBP
The long term trend has been DOWN since Apr 12th, 2018 at 0.058855
The intermediate term trend has been UP since Sep 23rd, 2018 at 0.052367
The short term trend has been UP since Oct 18th, 2018 at 0.051923
Smart Scan Analysis for LSLGBP
Based on a pre-defined weighted trend formula for chart analysis, LSLGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).