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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.

FOREX_GBPLSL
Open High Low GBPLSL Price Change
23.607149 23.607149 23.607149 23.607149 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPLSL

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 22.934130

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2023 at 22.934130

short term up 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).

+50
Smart Scan Analysis for GBPLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.607149 23.607149 23.607149 23.607149 0.000000
Prev. Close Volume Bid Ask Time
23.607149 2023-12-02 06:46:35
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