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Forex Trend Analysis Report

Prepared for you on Wednesday, June 7, 2023.

US Dollar/Lesotho Loti (FOREX:USDLSL)

Long-Term Downtrend (-90) - USDLSL is in a strong downtrend that is likely to continue. While USDLSL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
19.255 19.255 19.255 19.255 0.000
Entry Signal

MarketClub’s Trade Triangles for USDLSL

long term down The long-term trend has been DOWN since May 31st, 2023 at 17.07

intermediate term down The intermediate-term trend has been DOWN since May 31st, 2023 at 18.41

short term down The short-term trend has been DOWN since May 31st, 2023 at 19.25

Smart Scan Analysis for USDLSL

Based on our trend formula, USDLSL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDLSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.255 19.255 19.255 19.255 0.000
Prev. Close Volume Bid Ask Time
19.255 2023-06-06 16:35:30
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