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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

Euro/Lebanese Pound (FOREX:EURLBP)

Weak Uptrend (+65) - EURLBP is showing signs of weakening momentum to the upside. Monitor EURLBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EURLBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURLBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURLBP
Open High Low EURLBP Price Change
97306.7 97306.7 97306.7 97306.7 0.0
Entry Signal

MarketClub’s Trade Triangles for EURLBP

long term up The long-term trend has been UP since Dec 1st, 2023 at 16404.9

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2024 at 96881.9

short term up The short-term trend has been UP since Apr 4th, 2024 at 96599.8

Smart Scan Analysis for EURLBP

Based on our trend formula, EURLBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
97306.7 97306.7 97306.7 97306.7 0.0
Prev. Close Volume Bid Ask Time
95342.8 2024-04-10 21:03:59
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