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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDLBP
Open High Low USDLBP Price Change
1514.0000 1515.5057 1512.1577 1515.5057 +1.5057
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term down The long term trend has been DOWN since Jan 10th, 2020 at 1506.5016

intermediate term up The intermediate term trend has been UP since Jan 10th, 2020 at 1522.8929

short term up The short term trend has been UP since Jan 21st, 2020 at 1514.1481

Smart Scan Analysis for USDLBP

Based on a pre-defined weighted trend formula for chart analysis, USDLBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1514.0000 1515.5057 1512.1577 1515.5057 +1.5057
Prev. Close Volume Bid Ask Time
1514.0000 1479.4093 1551.6020 2020-01-21 21:00:31
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