Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
British Pound/Lesotho Loti (FOREX:GBPLSL)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 GBPLSL
The long term trend has been UP since Mar 3rd, 2019 at 18.5865
The intermediate term trend has been UP since Feb 15th, 2019 at 18.0100
The short term trend has been UP since Mar 17th, 2019 at 18.8695
Smart Scan Analysis for GBPLSL
Based on a pre-defined weighted trend formula for chart analysis, GBPLSL scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).