Forex Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Euro/Lesotho Loti (FOREX:EURLSL)
Strong Downtrend (-100) - EURLSL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURLSL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURLSL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURLSL
The long-term trend has been DOWN since Nov 3rd, 2020 at 19.0777
The intermediate-term trend has been DOWN since Mar 26th, 2021 at 17.7356
The short-term trend has been DOWN since Apr 16th, 2021 at 17.1752
Smart Scan Analysis for EURLSL
Based on our trend formula, EURLSL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).