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Forex Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

Albanian Lek/US Dollar (FOREX:ALLUSD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ALLUSD
Open High Low ALLUSD Price Change
0.008835 0.008835 0.008835 0.008835 0.000000
Entry Signal

MarketClub’s Trade Triangles for ALLUSD

long term up The long term trend has been UP since Mar 23rd, 2017 at 0.007895

intermediate term up The intermediate term trend has been UP since Oct 11th, 2017 at 0.008805

short term down The short term trend has been DOWN since Sep 28th, 2017 at 0.008920

Smart Scan Analysis for ALLUSD

Based on a pre-defined weighted trend formula for chart analysis, ALLUSD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for ALLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008835 0.008835 0.008835 0.008835 0.000000
Prev. Close Volume Bid Ask Time
0.008835 0.008670 0.009000 2017-10-11 09:29:37
Want to analyze Albanian Lek/US Dollar ALLUSD or another symbol? Try our Free Forex Trend Analysis Report.