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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Lesotho Loti (FOREX:GBPLSL)
Sidelines Mode (-55) - GBPLSL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Jun 20th, 2024 at 23.047181
The intermediate-term trend has been UP since Jul 15th, 2024 at 23.452724
The short-term trend has been DOWN since Jul 26th, 2024 at 23.616723
Smart Scan Analysis for GBPLSL
Based on our trend formula, GBPLSL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.490124 | 23.490124 | 23.488593 | 23.488593 | -0.001531 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.490124 | 2024-07-26 14:00:14 |