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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 1521.45 1509.95 1521.45 +10.95
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term up The long term trend has been UP since Sep 27th, 2018 at 1523.25

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 1523.10

short term up The short term trend has been UP since Oct 12th, 2018 at 1510.20

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 1521.45 1509.95 1521.45 +10.95
Prev. Close Volume Bid Ask Time
1510.5 1486.50 1556.40 2018-10-18 21:29:55
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