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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
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.
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MarketClub’s Trade Triangles for GBPLSL
The long-term trend has been DOWN since Apr 8th, 2024 at 23.576788
The intermediate-term trend has been UP since Apr 21st, 2024 at 23.652078
The short-term trend has been UP since Apr 21st, 2024 at 23.639897
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.863426 | 23.863426 | 23.863426 | 23.863426 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.863426 | 2024-04-24 21:01:04 |