Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURLBP
The long-term trend has been UP since Aug 10th, 2022 at 1631.0
The intermediate-term trend has been UP since Aug 10th, 2022 at 1548.5
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1543 | 1546 | 1543 | 1546 | +3 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1543 | 2022-08-15 17:06:00 |