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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Euro/Lebanese Pound (FOREX:EURLBP)

Weak Downtrend (-65) - EURLBP is showing signs of a strengthening downtrend. Monitor EURLBP as it may be building momentum to the downside.

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
95158.1 95158.1 95158.1 95158.1 0.0
Entry Signal

MarketClub’s Trade Triangles for EURLBP

long term up The long-term trend has been UP since Dec 1st, 2023 at 16404.9

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2024 at 96881.9

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 97022.8

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
95158.1 95158.1 95158.1 95158.1 0.0
Prev. Close Volume Bid Ask Time
95158.1 2024-04-16 21:07:18
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