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Forex Trend Analysis Report

Prepared for you on Monday, June 17, 2024.

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.

FOREX_GBPLSL
Open High Low GBPLSL Price Change
23.328068 23.328068 23.274308 23.277756 -0.050312
Entry Signal

MarketClub’s Trade Triangles for GBPLSL

long term up The long-term trend has been UP since Jun 6th, 2024 at 24.230529

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2024 at 23.325991

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 24.128751

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).

-70
Smart Scan Analysis for GBPLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.328068 23.328068 23.274308 23.277756 -0.050312
Prev. Close Volume Bid Ask Time
23.328068 2024-06-16 21:00:25
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