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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Lebanese Pound/US Dollar (FOREX:LBPUSD)
Strong Uptrend (+100) - LBPUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, LBPUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid LBPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LBPUSD
The long-term trend has been UP since May 8th, 2024 at 0.00006665
The intermediate-term trend has been UP since May 8th, 2024 at 0.00001121
The short-term trend has been UP since May 8th, 2024 at 0.00001119
Smart Scan Analysis for LBPUSD
Based on our trend formula, LBPUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00001116 | 0.00527313 | 0.00001116 | 0.00001116 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00001116 | 2024-05-08 21:02:48 |