Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Euro/Lesotho Loti (FOREX:EURLSL)
Sidelines Mode (+50) - EURLSL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURLSL can gain momentum.
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 Dec 2nd, 2020 at 18.4980
The short-term trend has been UP since Dec 1st, 2020 at 18.2435
Smart Scan Analysis for EURLSL
Based on our trend formula, EURLSL is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).