Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
British Pound/Lesotho Loti (FOREX:GBPLSL)
Sidelines Mode (+50) - GBPLSL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPLSL can gain momentum.
Is it time to buy, sell, or avoid GBPLSL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLSL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPLSL
The long-term trend has been DOWN since Nov 10th, 2023 at 22.934130
The intermediate-term trend has been UP since Nov 24th, 2023 at 22.934130
The short-term trend has been UP since Nov 24th, 2023 at 22.882968
Smart Scan Analysis for GBPLSL
Based on our trend formula, GBPLSL is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).