Forex Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
Lesotho Loti/British Pound (FOREX:LSLGBP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 LSLGBP
The long term trend has been UP since Dec 3rd, 2018 at 0.057249
The intermediate term trend has been DOWN since Feb 15th, 2019 at 0.055537
The short term trend has been DOWN since Feb 10th, 2019 at 0.057287
Smart Scan Analysis for LSLGBP
Based on a pre-defined weighted trend formula for chart analysis, LSLGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).