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Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Sidelines Mode (-55) - USDLBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_USDLBP
Open High Low USDLBP Price Change
1512.273 1512.273 1512.273 1512.273 0.000
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term down The long-term trend has been DOWN since Dec 12th, 2021 at 1507.8505

intermediate term down The intermediate-term trend has been DOWN since Dec 7th, 2021 at 1511.8543

short term up The short-term trend has been UP since Jan 11th, 2022 at 1514.1517

Smart Scan Analysis for USDLBP

Based on our trend formula, USDLBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1512.273 1512.273 1512.273 1512.273 0.000
Prev. Close Volume Bid Ask Time
1512.273 2022-01-20 07:15:45
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