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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Sidelines Mode (-55) - USDLBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDLBP
Open High Low USDLBP Price Change
1512.5041 1512.5041 1512.5041 1512.5041 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term down The long-term trend has been DOWN since Jun 21st, 2022 at 1493.3733

intermediate term up The intermediate-term trend has been UP since Jun 23rd, 2022 at 1523.5786

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 1516.5000

Smart Scan Analysis for USDLBP

Based on our trend formula, USDLBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1512.5041 1512.5041 1512.5041 1512.5041 0.0000
Prev. Close Volume Bid Ask Time
1512.5041 2022-06-28 07:20:52
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