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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Euro/Lebanese Pound (FOREX:EURLBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_EURLBP
Open High Low EURLBP Price Change
1726.5 1726.5 1726.5 1726.5 0.0
Entry Signal

MarketClub’s Trade Triangles for EURLBP

long term down The long term trend has been DOWN since Aug 13th, 2018 at 1745.8

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2018 at 1758.7

short term down The short term trend has been DOWN since Aug 13th, 2018 at 1752.0

Smart Scan Analysis for EURLBP

Based on a pre-defined weighted trend formula for chart analysis, EURLBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1726.5 1726.5 1726.5 1726.5 0.0
Prev. Close Volume Bid Ask Time
1726.5 1724.0 1729.0 2018-08-17 13:31:09
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