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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Albanian Lek/US Dollar (FOREX:ALLUSD)
Long-Term Uptrend (+90) - ALLUSD is in a strong uptrend that is likely to continue. While ALLUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ALLUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALLUSD.
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 ALLUSD
The long-term trend has been UP since Nov 11th, 2022 at 0.00878073
The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.01054629
The short-term trend has been UP since Apr 22nd, 2024 at 0.01052313
Smart Scan Analysis for ALLUSD
Based on our trend formula, ALLUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01066253 | 0.01066253 | 0.01065896 | 0.01065896 | -0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01066253 | 2024-05-08 21:02:49 |