Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
British Pound/Lesotho Loti (FOREX:GBPLSL)
Bear Market Rally (-75) - GBPLSL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPLSL as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for GBPLSL
The long-term trend has been DOWN since Nov 3rd, 2020 at 20.923349
The intermediate-term trend has been DOWN since Aug 23rd, 2020 at 22.640133
The short-term trend has been UP since Dec 2nd, 2020 at 20.367558
Smart Scan Analysis for GBPLSL
Based on our trend formula, GBPLSL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).