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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

British Pound/Lesotho Loti (FOREX:GBPLSL)

Strong Downtrend (-100) - GBPLSL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPLSL continues to fall. Traders should use caution and set stops.

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.

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FOREX_GBPLSL
Open High Low GBPLSL Price Change
22.790054 22.790054 22.790054 22.790054 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPLSL

long term down The long-term trend has been DOWN since Jun 20th, 2024 at 23.047181

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 22.904381

short term down The short-term trend has been DOWN since Dec 9th, 2024 at 22.984936

Smart Scan Analysis for GBPLSL

Based on our trend formula, GBPLSL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GBPLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.790054 22.790054 22.790054 22.790054 0.000000
Prev. Close Volume Bid Ask Time
22.790054 2024-12-09 07:25:15
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