Forex Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
US Dollar/Lesotho Loti (FOREX:USDLSL)
Bull Market Weakness (+75) - USDLSL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDLSL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDLSL?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDLSL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDLSL
The long-term trend has been DOWN since Jul 14th, 2020 at 16.755
The intermediate-term trend has been UP since Aug 4th, 2020 at 17.010
The short-term trend has been UP since Jul 31st, 2020 at 16.650
Smart Scan Analysis for USDLSL
Based on our trend formula, USDLSL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).