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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

British Pound/Lebanese Pound (FOREX:GBPLBP)

Bull Market Weakness (+75) - GBPLBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPLBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPLBP?

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPLBP
Open High Low GBPLBP Price Change
1836.9226 1839.5166 1836.9226 1839.5166 +2.5940
Entry Signal

MarketClub’s Trade Triangles for GBPLBP

long term up The long-term trend has been UP since Aug 10th, 2022 at 1922.7250

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 1818.4366

short term up The short-term trend has been UP since Jul 29th, 2022 at 1809.5859

Smart Scan Analysis for GBPLBP

Based on our trend formula, GBPLBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1836.9226 1839.5166 1836.9226 1839.5166 +2.5940
Prev. Close Volume Bid Ask Time
1836.9226 2022-08-16 18:13:14
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