Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Lebanese Pound/US Dollar (FOREX:LBPUSD)
Crossroads (-60) - LBPUSD 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 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 Aug 10th, 2022 at 0.00064152
The intermediate-term trend has been UP since Aug 10th, 2022 at 0.00066283
The short-term trend has been UP since Aug 10th, 2022 at 0.00066283
Smart Scan Analysis for LBPUSD
Based on our trend formula, LBPUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).