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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Euro/Lebanese Pound (FOREX:EURLBP)

Bull Market Weakness (+75) - EURLBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURLBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EURLBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURLBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURLBP
Open High Low EURLBP Price Change
1799.0 1800.1 1796.0 1800.1 +1.1
Entry Signal

MarketClub’s Trade Triangles for EURLBP

long term down The long-term trend has been DOWN since Nov 3rd, 2020 at 1760.4

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2020 at 1793.0

short term up The short-term trend has been UP since Nov 5th, 2020 at 1773.0

Smart Scan Analysis for EURLBP

Based on our trend formula, EURLBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1799.0 1800.1 1796.0 1800.1 +1.1
Prev. Close Volume Bid Ask Time
1799.0 2020-11-23 21:07:06
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