Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Lebanese Pound/US Dollar (FOREX:LBPUSD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for LBPUSD
The long term trend has been UP since Jun 23rd, 2019 at 0.000665
The intermediate term trend has been UP since Sep 17th, 2019 at 0.000665
The short term trend has been UP since Sep 17th, 2019 at 0.000662
Smart Scan Analysis for LBPUSD
Based on a pre-defined weighted trend formula for chart analysis, LBPUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).