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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
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.
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MarketClub’s Trade Triangles for USDLSL
The long-term trend has been DOWN since Nov 15th, 2023 at 18.230
The intermediate-term trend has been DOWN since Mar 7th, 2024 at 18.880
The short-term trend has been DOWN since Apr 3rd, 2024 at 18.885
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.48 | 18.48 | 18.48 | 18.48 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.15 | 2024-04-12 12:55:37 |