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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
1510.50 1511.00 1502.25 1502.25 -8.25
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term down The long term trend has been DOWN since May 30th, 2018 at 1508.70

intermediate term down The intermediate term trend has been DOWN since Aug 19th, 2018 at 1508.85

short term down The short term trend has been DOWN since Aug 9th, 2018 at 1510.00

Smart Scan Analysis for USDLBP

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

-100
Smart Scan Analysis for USDLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1510.50 1511.00 1502.25 1502.25 -8.25
Prev. Close Volume Bid Ask Time
1510.5 1467.40 1537.10 2018-08-20 21:20:36
Want to analyze US Dollar/Lebanese Pound USDLBP or another symbol? Try our Free Forex Trend Analysis Report.