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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Weak Downtrend (-65) - USDLBP is showing signs of a strengthening downtrend. Monitor USDLBP as it may be building momentum to the downside.

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
1511.4312 1511.4312 1511.4312 1511.4312 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term up The long-term trend has been UP since Dec 22nd, 2020 at 1521.9330

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 1508.0401

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 1510.0099

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
1511.4312 1511.4312 1511.4312 1511.4312 0.0000
Prev. Close Volume Bid Ask Time
1511.4312 2021-02-25 07:31:40
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