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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.

FOREX_LBPUSD
Open High Low LBPUSD Price Change
0.0006585 0.0006585 0.0006585 0.0006585 0.0000000
Entry Signal

MarketClub’s Trade Triangles for LBPUSD

long term down The long-term trend has been DOWN since Aug 10th, 2022 at 0.00064152

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 0.00066283

short term up 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).

-60
Smart Scan Analysis for LBPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0006585 0.0006585 0.0006585 0.0006585 0.0000000
Prev. Close Volume Bid Ask Time
0.0006573 2022-08-15 17:05:59
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