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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Lesotho Loti (FOREX:USDLSL)
Sidelines Mode (+50) - USDLSL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDLSL can gain momentum.
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.
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MarketClub’s Trade Triangles for USDLSL
The long-term trend has been DOWN since Nov 15th, 2023 at 18.230000
The intermediate-term trend has been UP since Oct 10th, 2024 at 17.809481
The short-term trend has been UP since Nov 12th, 2024 at 17.690000
Smart Scan Analysis for USDLSL
Based on our trend formula, USDLSL is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.085000 | 18.085000 | 18.023902 | 18.023902 | -0.061098 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.945000 | 2024-11-18 21:06:11 |