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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Lebanese Pound (FOREX:USDLBP)
Long-Term Downtrend (-90) - USDLBP is in a strong downtrend that is likely to continue. While USDLBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for USDLBP
The long-term trend has been DOWN since Dec 4th, 2024 at 89499.1875
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 89550.0000
The short-term trend has been DOWN since Dec 3rd, 2024 at 89600.0000
Smart Scan Analysis for USDLBP
Based on our trend formula, USDLBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 89462.8554688 | 89462.8554688 | 89462.8554688 | 89462.8554688 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 89407.0000000 | 2024-12-24 21:00:04 |