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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

Euro/Lesotho Loti (FOREX:EURLSL)

Strong Downtrend (-100) - EURLSL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURLSL continues to fall. Traders should use caution and set stops.

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.

FOREX_EURLSL
Open High Low EURLSL Price Change
18.8582 18.8582 18.8582 18.8582 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLSL

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 20.3067

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 19.1098

short term down The short-term trend has been DOWN since Dec 9th, 2024 at 19.0267

Smart Scan Analysis for EURLSL

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

-100
Smart Scan Analysis for EURLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.8582 18.8582 18.8582 18.8582 0.0000
Prev. Close Volume Bid Ask Time
18.8582 2024-12-09 07:25:15
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