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Forex Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
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 Feb 23rd, 2022 at 20.427397
The intermediate-term trend has been UP since Jun 28th, 2022 at 19.124199
The short-term trend has been UP since Jun 28th, 2022 at 19.459285
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 |
|---|---|---|---|---|
| 19.726777 | 19.726777 | 19.726777 | 19.726777 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.726777 | 2022-07-04 07:15:32 |