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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

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
2112.2633 2112.2633 2112.2633 2112.2633 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPLBP

long term down The long-term trend has been DOWN since Feb 23rd, 2021 at 1957.9797

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 2062.1798

short term down The short-term trend has been DOWN since Feb 23rd, 2021 at 2108.3332

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
2112.2633 2112.2633 2112.2633 2112.2633 0.0000
Prev. Close Volume Bid Ask Time
2112.2633 2021-03-04 21:10:34
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