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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Lebanese Pound/US Dollar (FOREX:LBPUSD)

Sidelines Mode (-55) - LBPUSD 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 LBPUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for LBPUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_LBPUSD
Open High Low LBPUSD Price Change
0.00001118 0.00001118 0.00001118 0.00001118 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LBPUSD

long term down The long-term trend has been DOWN since Nov 1st, 2023 at 0.00006587

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 0.00001114

short term up The short-term trend has been UP since Apr 17th, 2024 at 0.00001117

Smart Scan Analysis for LBPUSD

Based on our trend formula, LBPUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for LBPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00001118 0.00001118 0.00001118 0.00001118 0.00000000
Prev. Close Volume Bid Ask Time
0.00001122 2024-04-22 21:00:58
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