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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Albanian Lek/Euro (FOREX:ALLEUR)
Countertrend Up (+85) - ALLEUR 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 ALLEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALLEUR.
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 ALLEUR
The long-term trend has been UP since Apr 3rd, 2024 at 0.00973528
The intermediate-term trend has been UP since Mar 29th, 2024 at 0.00972581
The short-term trend has been DOWN since May 7th, 2024 at 0.00995145
Smart Scan Analysis for ALLEUR
Based on our trend formula, ALLEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00993958 | 0.00993958 | 0.00993958 | 0.00993958 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00993958 | 2024-05-09 07:26:26 |