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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

British Pound/Lebanese Pound (FOREX:GBPLBP)

Sidelines Mode (-55) - GBPLBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2081.0937 2081.0937 2081.0937 2081.0937 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPLBP

long term down The long-term trend has been DOWN since Jun 22nd, 2021 at 2062.3554

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 2085.8674

short term down The short-term trend has been DOWN since Oct 24th, 2021 at 2097.3587

Smart Scan Analysis for GBPLBP

Based on our trend formula, GBPLBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2081.0937 2081.0937 2081.0937 2081.0937 0.0000
Prev. Close Volume Bid Ask Time
2081.0937 2021-10-24 21:08:27
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