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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Albanian Lek/US Dollar (FOREX:ALLUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.009053 0.009053 0.009053 0.009053 0.000000
Entry Signal

MarketClub’s Trade Triangles for ALLUSD

long term down The long term trend has been DOWN since May 27th, 2018 at 0.009255

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2018 at 0.009120

short term down The short term trend has been DOWN since Nov 9th, 2018 at 0.009120

Smart Scan Analysis for ALLUSD

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

-100
Smart Scan Analysis for ALLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009053 0.009053 0.009053 0.009053 0.000000
Prev. Close Volume Bid Ask Time
0.009053 0.008871 0.009235 2018-11-14 08:43:56
Want to analyze Albanian Lek/US Dollar ALLUSD or another symbol? Try our Free Forex Trend Analysis Report.