Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
British Pound/Lebanese Pound (FOREX:GBPLBP)
Strong Uptrend (+100) - GBPLBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPLBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for GBPLBP
The long-term trend has been UP since Jul 24th, 2020 at 1931.4057
The intermediate-term trend has been UP since Oct 9th, 2020 at 1963.5993
The short-term trend has been UP since Nov 5th, 2020 at 1968.0662
Smart Scan Analysis for GBPLBP
Based on our trend formula, GBPLBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).