Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

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
89504.4257812 89600.0000000 89504.4257812 89600.0000000 +95.5742190
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term up The long-term trend has been UP since Jan 2nd, 2024 at 15115.6900000

intermediate term up The intermediate-term trend has been UP since Apr 10th, 2024 at 89799.9921875

short term up The short-term trend has been UP since Apr 8th, 2024 at 89600.0000000

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
89504.4257812 89600.0000000 89504.4257812 89600.0000000 +95.5742190
Prev. Close Volume Bid Ask Time
89504.4257812 2024-04-12 12:54:42
Get a free daily analysis and signals for US Dollar/Lebanese Pound (USDLBP) - Request Your Free Report.