Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Lebanese Pound/US Dollar (FOREX:LBPUSD)
Sidelines Mode (-55) - LBPUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LBPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBPUSD
The long-term trend has been UP since Jan 10th, 2020 at 0.00066416
The intermediate-term trend has been DOWN since Feb 7th, 2020 at 0.00065958
The short-term trend has been UP since Feb 20th, 2020 at 0.00066186
Smart Scan Analysis for LBPUSD
Based on our trend formula, LBPUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).