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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

British Pound/Lebanese Pound (FOREX:GBPLBP)

Weak Downtrend (-65) - GBPLBP is showing signs of a strengthening downtrend. Monitor GBPLBP as it may be building momentum to the downside.

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
113418.0820312 113418.0820312 113418.0820312 113418.0820312 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPLBP

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 113529.8632812

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2024 at 116177.3632812

short term down The short-term trend has been DOWN since Oct 9th, 2024 at 117984.0273438

Smart Scan Analysis for GBPLBP

Based on our trend formula, GBPLBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
113418.0820312 113418.0820312 113418.0820312 113418.0820312 0.0000000
Prev. Close Volume Bid Ask Time
113418.0820312 2024-11-20 19:11:54
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