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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

US Dollar/Lebanese Pound (FOREX:USDLBP)

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_USDLBP
Open High Low USDLBP Price Change
1504.15 1510.70 1504.15 1507.00 +2.85
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term down The long term trend has been DOWN since Nov 20th, 2018 at 1500.45

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2018 at 1500.45

short term down The short term trend has been DOWN since Dec 6th, 2018 at 1505.55

Smart Scan Analysis for USDLBP

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

-90
Smart Scan Analysis for USDLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1504.15 1510.70 1504.15 1507.00 +2.85
Prev. Close Volume Bid Ask Time
1504.15 1504.00 1510.00 2018-12-10 17:48:42
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