Forex Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
Euro/Lesotho Loti (FOREX:EURLSL)
Crossroads (-60) - EURLSL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jul 25th, 2023 at 19.6262
The intermediate-term trend has been UP since Nov 24th, 2023 at 20.0123
The short-term trend has been UP since Nov 24th, 2023 at 20.0123
Smart Scan Analysis for EURLSL
Based on our trend formula, EURLSL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).