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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.

FOREX_LBPUSD
Open High Low LBPUSD Price Change
0.00066098 0.00066098 0.00066098 0.00066098 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LBPUSD

long term up The long-term trend has been UP since Jan 10th, 2020 at 0.00066416

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2020 at 0.00065958

short term up 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).

-55
Smart Scan Analysis for LBPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00066098 0.00066098 0.00066098 0.00066098 0.00000000
Prev. Close Volume Bid Ask Time
0.00066098 0.00065897 0.00066299 2020-02-24 10:36:04
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