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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Euro/Lebanese Pound (FOREX:EURLBP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURLBP
Open High Low EURLBP Price Change
1723.9 1723.9 1723.9 1723.9 0.0
Entry Signal

MarketClub’s Trade Triangles for EURLBP

long term down The long term trend has been DOWN since Aug 13th, 2018 at 1745.8

intermediate term up The intermediate term trend has been UP since Mar 21st, 2019 at 1721.9

short term up The short term trend has been UP since Mar 17th, 2019 at 1706.5

Smart Scan Analysis for EURLBP

Based on a pre-defined weighted trend formula for chart analysis, EURLBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1723.9 1723.9 1723.9 1723.9 0.0
Prev. Close Volume Bid Ask Time
1723.9 1683.9 1763.9 2019-03-21 22:06:20
Want to analyze Euro/Lebanese Pound EURLBP or another symbol? Try our Free Forex Trend Analysis Report.