Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

British Pound/Lebanese Pound (FOREX:GBPLBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPLBP
Open High Low GBPLBP Price Change
1974.3424 1977.2768 1973.0414 1977.2768 +2.9344
Entry Signal

MarketClub’s Trade Triangles for GBPLBP

long term down The long term trend has been DOWN since Jan 10th, 2020 at 1845.9500

intermediate term down The intermediate term trend has been DOWN since Dec 23rd, 2019 at 1951.6468

short term up The short term trend has been UP since Jan 21st, 2020 at 1977.1321

Smart Scan Analysis for GBPLBP

Based on a pre-defined weighted trend formula for chart analysis, GBPLBP scored -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
1974.3424 1977.2768 1973.0414 1977.2768 +2.9344
Prev. Close Volume Bid Ask Time
1974.3424 1930.1819 2024.3716 2020-01-21 21:00:31
Get a free daily report for British Pound/Lebanese Pound (GBPLBP) - Free Trend Analysis Report.