Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Euro/Lesotho Loti (FOREX:EURLSL)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EURLSL
The long term trend has been UP since Aug 11th, 2019 at 17.004
The intermediate term trend has been DOWN since Sep 2nd, 2019 at 16.781
The short term trend has been UP since Sep 16th, 2019 at 16.132
Smart Scan Analysis for EURLSL
Based on a pre-defined weighted trend formula for chart analysis, EURLSL scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).