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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Lebanese Pound/US Dollar (FOREX:LBPUSD)

Strong Downtrend (-100) - LBPUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LBPUSD continues to fall. Traders should use caution and set stops.

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.

FOREX_LBPUSD
Open High Low LBPUSD Price Change
0.00001117 0.00001117 0.00001114 0.00001114 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LBPUSD

long term down The long-term trend has been DOWN since Nov 1st, 2023 at 0.00006587

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2024 at 0.00006644

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 0.00001116

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).

-100
Smart Scan Analysis for LBPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00001117 0.00001117 0.00001114 0.00001114 0.00000000
Prev. Close Volume Bid Ask Time
0.00001117 2024-03-18 18:18:30
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