Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Euro/Lesotho Loti (FOREX:EURLSL)
Weak Downtrend (-65) - EURLSL is showing signs of a strengthening downtrend. Monitor EURLSL as it may be building momentum to the downside.
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 UP since Mar 4th, 2020 at 16.8022
The intermediate-term trend has been DOWN since May 3rd, 2020 at 20.0939
The short-term trend has been DOWN since May 12th, 2020 at 19.9237
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).