Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
US Dollar/Lebanese Pound (FOREX:USDLBP)
Countertrend Up (+85) - USDLBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 15115.6900000
The intermediate-term trend has been UP since Dec 28th, 2023 at 15091.3860000
The short-term trend has been DOWN since Mar 19th, 2024 at 89515.9453125
Smart Scan Analysis for USDLBP
Based on our trend formula, USDLBP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
89627.046875 | 89627.046875 | 89602.515625 | 89602.515625 | -24.531250 |
Prev. Close | Volume | Bid | Ask | Time |
89627.046875 | 2024-03-29 03:30:07 |