Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Euro/Lesotho Loti (FOREX:EURLSL)
Bull Market Weakness (+75) - EURLSL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURLSL as it may be in the beginning stages of a reversal.
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 29th, 2019 at 16.1140
The intermediate-term trend has been UP since Jan 20th, 2020 at 15.9717
The short-term trend has been UP since Feb 18th, 2020 at 16.1641
Smart Scan Analysis for EURLSL
Based on our trend formula, EURLSL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).