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Forex Trend Analysis Report

Prepared for you on Wednesday, January 20, 2021.

Euro/Lebanese Pound (FOREX:EURLBP)

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

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
1831.3 1839.0 1831.3 1837.0 +5.7
Entry Signal

MarketClub’s Trade Triangles for EURLBP

long term up The long-term trend has been UP since Nov 27th, 2020 at 1805

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2021 at 1839

short term down The short-term trend has been DOWN since Jan 11th, 2021 at 1853

Smart Scan Analysis for EURLBP

Based on our trend formula, EURLBP is rated as a -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
1831.3 1839.0 1831.3 1837.0 +5.7
Prev. Close Volume Bid Ask Time
1831.3 2021-01-20 16:18:14
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