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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 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.
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MarketClub’s Trade Triangles for USDLBP
The long-term trend has been UP since Jan 2nd, 2024 at 15115.6900000
The intermediate-term trend has been UP since Apr 10th, 2024 at 89799.9921875
The short-term trend has been UP since Apr 18th, 2024 at 89650.0000000
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 89600.00000 | 89650.00000 | 89527.84375 | 89527.84375 | -72.15625 |
| Prev. Close | Volume | Bid | Ask | Time |
| 89600.00000 | 2024-04-25 21:00:52 |