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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

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
1543 1546 1543 1546 +3
Entry Signal

MarketClub’s Trade Triangles for EURLBP

long term up The long-term trend has been UP since Aug 10th, 2022 at 1631.0

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 1548.5

short term up The short-term trend has been UP since Jul 21st, 2022 at 1533.0

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
1543 1546 1543 1546 +3
Prev. Close Volume Bid Ask Time
1543 2022-08-15 17:06:00
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