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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Euro/Lebanese Pound (FOREX:EURLBP)

Bear Market Rally (-75) - EURLBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURLBP as it may be in the beginning 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.

Open High Low EURLBP Price Change
1820 1820 1820 1820 0
Entry Signal

MarketClub’s Trade Triangles for EURLBP

long term down The long-term trend has been DOWN since Feb 23rd, 2021 at 1759.0

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2021 at 1839.4

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 1838.5

Smart Scan Analysis for EURLBP

Based on our trend formula, EURLBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for EURLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1820 1820 1820 1820 0
Prev. Close Volume Bid Ask Time
1820 2021-03-04 21:10:34
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