Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Lebanese Pound/US Dollar (FOREX:LBPUSD)
Strong Downtrend (-100) - LBPUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for LBPUSD
The long-term trend has been DOWN since Jul 6th, 2021 at 0.00065191
The intermediate-term trend has been DOWN since Sep 17th, 2021 at 0.00065377
The short-term trend has been DOWN since Oct 25th, 2021 at 0.00065533
Smart Scan Analysis for LBPUSD
Based on our trend formula, LBPUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).