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Forex Trend Analysis Report

Prepared for you on Friday, December 6, 2019.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
1512.0142 1513.0000 1512.0142 1513.0000 +0.9858
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term up The long term trend has been UP since Oct 28th, 2019 at 1519.2000

intermediate term down The intermediate term trend has been DOWN since Oct 31st, 2019 at 1510.3582

short term down The short term trend has been DOWN since Nov 28th, 2019 at 1513.0000

Smart Scan Analysis for USDLBP

Based on a pre-defined weighted trend formula for chart analysis, USDLBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1512.0142 1513.0000 1512.0142 1513.0000 +0.9858
Prev. Close Volume Bid Ask Time
1512.0142 1508.0000 1518.0000 2019-12-06 10:12:55
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