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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Bull Market Weakness (+75) - USDLBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDLBP as it may be in the beginning stages of a reversal.

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
1530.0000 1530.0000 1522.1722 1522.1722 -7.8278
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term up The long-term trend has been UP since Jul 6th, 2021 at 1534.1368

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2021 at 1529.8855

short term up The short-term trend has been UP since Oct 12th, 2021 at 1530.1020

Smart Scan Analysis for USDLBP

Based on our trend formula, USDLBP is rated as a +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
1530.0000 1530.0000 1522.1722 1522.1722 -7.8278
Prev. Close Volume Bid Ask Time
1530.0000 2021-10-18 20:34:24
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