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.
MarketClub’s Trade Triangles for LBPUSD
The long-term trend has been UP since Jan 10th, 2020 at 0.00066416
The intermediate-term trend has been DOWN since May 22nd, 2020 at 0.00065710
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).