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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

FOREX_USDLBP
Open High Low USDLBP Price Change
1512.45 1512.55 1508.10 1508.10 -4.35
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term up The long term trend has been UP since May 13th, 2019 at 1516.00

intermediate term up The intermediate term trend has been UP since Jun 14th, 2019 at 1515.45

short term down The short term trend has been DOWN since Jun 19th, 2019 at 1515.75

Smart Scan Analysis for USDLBP

Based on a pre-defined weighted trend formula for chart analysis, USDLBP scored +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
1512.45 1512.55 1508.10 1508.10 -4.35
Prev. Close Volume Bid Ask Time
1512.45 1472.50 1543.70 2019-06-19 21:10:23
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