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Forex Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

Lebanese Pound/US Dollar (FOREX:LBPUSD)

Weak Downtrend (-65) - LBPUSD is showing signs of a strengthening downtrend. Monitor LBPUSD as it may be building momentum to the downside.

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
0.00066180 0.00066180 0.00065795 0.00065795 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for LBPUSD

long term up The long-term trend has been UP since Jan 10th, 2020 at 0.00066416

intermediate term down The intermediate-term trend has been DOWN since May 22nd, 2020 at 0.00065710

short term down The short-term trend has been DOWN since Jun 3rd, 2020 at 0.00066106

Smart Scan Analysis for LBPUSD

Based on our trend formula, LBPUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for LBPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00066180 0.00066180 0.00065795 0.00065795 -0.00000400
Prev. Close Volume Bid Ask Time
0.00066180 0.00065699 0.00065891 2020-06-05 13:43:06
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