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Forex Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

US Dollar/Lebanese Pound (FOREX:USDLBP)

Strong Downtrend (-100) - USDLBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

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FOREX_USDLBP
Open High Low USDLBP Price Change
1506.9977 1506.9977 1506.9977 1506.9977 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDLBP

long term down The long-term trend has been DOWN since Apr 6th, 2021 at 1506.4969

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2021 at 1510.5444

short term down The short-term trend has been DOWN since May 17th, 2021 at 1507.7304

Smart Scan Analysis for USDLBP

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

-100
Smart Scan Analysis for USDLBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1506.9977 1506.9977 1506.9977 1506.9977 0.0000
Prev. Close Volume Bid Ask Time
1506.9977 2021-05-17 10:29:09
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