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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Euro/Albanian Lek (FOREX:EURALL)

Bear Market Rally (-75) - EURALL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURALL as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid EURALL?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURALL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURALL
Open High Low EURALL Price Change
100.85 100.85 100.85 100.85 0.00
Entry Signal

MarketClub’s Trade Triangles for EURALL

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 102.78

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2024 at 102.88

short term up The short-term trend has been UP since May 7th, 2024 at 100.55

Smart Scan Analysis for EURALL

Based on our trend formula, EURALL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
100.85 100.85 100.85 100.85 0.00
Prev. Close Volume Bid Ask Time
100.85 2024-05-08 21:02:49
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