Forex Trend Analysis Report
Prepared for you on Wednesday, October 18, 2017.
Euro/Albanian Lek (FOREX:EURALL)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for EURALL
The long term trend has been UP since Oct 11th, 2017 at 133.80
The intermediate term trend has been UP since Aug 25th, 2017 at 132.34
The short term trend has been UP since Aug 25th, 2017 at 132.34
Smart Scan Analysis for EURALL
Based on a pre-defined weighted trend formula for chart analysis, EURALL scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).