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Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2025.
US Dollar/Lebanese Pound (FOREX:USDLBP)
Long-Term Downtrend (-90) - USDLBP is in a strong downtrend that is likely to continue. While USDLBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDLBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDLBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDLBP
The long-term trend has been DOWN since Dec 4th, 2024 at 89499.1875000
The intermediate-term trend has been DOWN since Jan 17th, 2025 at 89405.9804688
The short-term trend has been DOWN since Jan 15th, 2025 at 89543.2890625
Smart Scan Analysis for USDLBP
Based on our trend formula, USDLBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 89061.5898438 | 89061.5898438 | 89061.5898438 | 89061.5898438 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 89546.9414062 | 2025-01-17 00:07:21 |