Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
British Pound/Lesotho Loti (FOREX:GBPLSL)
Weak Downtrend (-65) - GBPLSL is showing signs of a strengthening downtrend. Monitor GBPLSL as it may be building momentum to the downside.
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 UP since Oct 13th, 2019 at 18.645000
The intermediate-term trend has been DOWN since May 3rd, 2020 at 22.963670
The short-term trend has been DOWN since May 3rd, 2020 at 22.409295
Smart Scan Analysis for GBPLSL
Based on our trend formula, GBPLSL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).