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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/Lesotho Loti (FOREX:USDLSL)

Sidelines Mode (-55) - USDLSL 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 USDLSL?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDLSL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDLSL
Open High Low USDLSL Price Change
18.253533 18.253533 18.248239 18.248239 -0.005294
Entry Signal

MarketClub’s Trade Triangles for USDLSL

long term down The long-term trend has been DOWN since Nov 15th, 2023 at 18.230000

intermediate term up The intermediate-term trend has been UP since Jul 25th, 2024 at 18.485764

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 18.312377

Smart Scan Analysis for USDLSL

Based on our trend formula, USDLSL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.253533 18.253533 18.248239 18.248239 -0.005294
Prev. Close Volume Bid Ask Time
18.253533 2024-07-26 14:00:14
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