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Forex Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Sidelines Mode (-50) - USDLBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDLBP can gain momentum.

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
1520.5399 1520.5399 1520.5399 1520.5399 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term up The long-term trend has been UP since Dec 22nd, 2020 at 1521.9330

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 1508.0401

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 1510.0099

Smart Scan Analysis for USDLBP

Based on our trend formula, USDLBP is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for USDLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1520.5399 1520.5399 1520.5399 1520.5399 0.0000
Prev. Close Volume Bid Ask Time
1520.5399 2021-03-02 15:49:40
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