Forex Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
US Dollar/Lesotho Loti (FOREX:USDLSL)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 USDLSL
The long term trend has been DOWN since Dec 4th, 2018 at 13.8525
The intermediate term trend has been UP since Dec 10th, 2018 at 14.1200
The short term trend has been UP since Dec 6th, 2018 at 13.9500
Smart Scan Analysis for USDLSL
Based on a pre-defined weighted trend formula for chart analysis, USDLSL scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).