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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

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
113563.9453125 113563.9453125 113563.9453125 113563.9453125 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPLBP

long term up The long-term trend has been UP since Dec 1st, 2023 at 18991.4570000

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 113142.1210938

short term up The short-term trend has been UP since Apr 4th, 2024 at 113110.8710938

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
113563.9453125 113563.9453125 113563.9453125 113563.9453125 0.0000000
Prev. Close Volume Bid Ask Time
111600.1523438 2024-04-10 21:03:59
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