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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
US Dollar/Lebanese Pound (FOREX:USDLBP)
Crossroads (-60) - USDLBP is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for USDLBP
The long-term trend has been UP since Jan 2nd, 2024 at 15115.690000
The intermediate-term trend has been DOWN since Sep 30th, 2024 at 89537.109375
The short-term trend has been DOWN since Sep 30th, 2024 at 89550.000000
Smart Scan Analysis for USDLBP
Based on our trend formula, USDLBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 89290.671875 | 89290.671875 | 89290.671875 | 89290.671875 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 89739.476562 | 2024-10-19 08:23:40 |