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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Euro/Lesotho Loti (FOREX:EURLSL)

Long-Term Downtrend (-90) - EURLSL is in a strong downtrend that is likely to continue. While EURLSL is showing intraday strength, it remains in the confines of a bearish trend. 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
19.1164 19.1164 19.1164 19.1164 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 Sep 15th, 2024 at 19.7996

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 19.1709

Smart Scan Analysis for EURLSL

Based on our trend formula, EURLSL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.1164 19.1164 19.1164 19.1164 0.0000
Prev. Close Volume Bid Ask Time
19.1079 2024-10-21 07:25:24
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