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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Sidelines Mode (-55) - USDLBP 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 USDLBP?

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

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

FOREX_USDLBP
Open High Low USDLBP Price Change
15052.227 15052.227 15052.227 15052.227 0.000
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term down The long-term trend has been DOWN since Jun 15th, 2023 at 14963.848

intermediate term down The intermediate-term trend has been DOWN since Sep 11th, 2023 at 14925.177

short term up The short-term trend has been UP since Sep 28th, 2023 at 15032.500

Smart Scan Analysis for USDLBP

Based on our trend formula, USDLBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15052.227 15052.227 15052.227 15052.227 0.000
Prev. Close Volume Bid Ask Time
15052.227 2023-09-28 12:57:23
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