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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

British Pound/Lesotho Loti (FOREX:GBPLSL)

Bear Market Rally (-75) - GBPLSL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPLSL as it may be in the beginning of a reversal.

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.

FOREX_GBPLSL
Open High Low GBPLSL Price Change
20.615342 20.615342 20.615342 20.615342 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPLSL

long term down The long-term trend has been DOWN since Nov 3rd, 2020 at 20.923349

intermediate term down The intermediate-term trend has been DOWN since Aug 23rd, 2020 at 22.640133

short term up The short-term trend has been UP since Dec 2nd, 2020 at 20.367558

Smart Scan Analysis for GBPLSL

Based on our trend formula, GBPLSL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.615342 20.615342 20.615342 20.615342 0.000000
Prev. Close Volume Bid Ask Time
20.615342 2020-12-03 07:20:45
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