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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Albanian Lek/US Dollar (FOREX:ALLUSD)

Countertrend Up (+85) - ALLUSD 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 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.

FOREX_ALLUSD
Open High Low ALLUSD Price Change
0.01064983 0.01064983 0.01064983 0.01064983 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLUSD

long term up The long-term trend has been UP since Nov 11th, 2022 at 0.00878073

intermediate term up The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.01054629

short term up 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 +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ALLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01064983 0.01064983 0.01064983 0.01064983 0.00000000
Prev. Close Volume Bid Ask Time
0.01064983 2024-04-26 07:26:04
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