Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Euro/Lesotho Loti (FOREX:EURLSL)
Bull Market Weakness (+75) - EURLSL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURLSL as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for EURLSL
The long-term trend has been DOWN since Nov 3rd, 2020 at 19.0777
The intermediate-term trend has been UP since Mar 1st, 2021 at 18.0628
The short-term trend has been UP since Feb 23rd, 2021 at 17.7361
Smart Scan Analysis for EURLSL
Based on our trend formula, EURLSL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).