Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Lesotho Loti/British Pound (FOREX:LSLGBP)
Sidelines Mode (+50) - LSLGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until LSLGBP can gain momentum.
Is it time to buy, sell, or avoid LSLGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for LSLGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LSLGBP
The long-term trend has been DOWN since Aug 2nd, 2021 at 0.04986580
The intermediate-term trend has been UP since Oct 10th, 2021 at 0.04921269
The short-term trend has been UP since Oct 10th, 2021 at 0.04921269
Smart Scan Analysis for LSLGBP
Based on our trend formula, LSLGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).