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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
British Pound/Lebanese Pound (FOREX:GBPLBP)
Crossroads (-60) - GBPLBP is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for GBPLBP
The long-term trend has been UP since Dec 1st, 2023 at 18991.4570000
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 113142.1210938
The short-term trend has been DOWN since Apr 13th, 2024 at 113063.7148438
Smart Scan Analysis for GBPLBP
Based on our trend formula, GBPLBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 111668.7734375 | 111668.7734375 | 111668.7734375 | 111668.7734375 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 111827.3867188 | 2024-04-13 18:02:06 |