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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Euro/Lebanese Pound (FOREX:EURLBP)

Long-Term Downtrend (-90) - EURLBP is in a strong downtrend that is likely to continue. While EURLBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

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

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FOREX_EURLBP
Open High Low EURLBP Price Change
1638.8 1638.8 1638.8 1638.8 0.0
Entry Signal

MarketClub’s Trade Triangles for EURLBP

long term down The long-term trend has been DOWN since Jan 10th, 2020 at 1660.4

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2020 at 1674.0

short term down The short-term trend has been DOWN since Feb 5th, 2020 at 1668.8

Smart Scan Analysis for EURLBP

Based on our trend formula, EURLBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1638.8 1638.8 1638.8 1638.8 0.0
Prev. Close Volume Bid Ask Time
1640.0 1598.8 1678.8 2020-02-16 21:04:33
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