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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Euro/Albanian Lek (FOREX:EURALL)

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_EURALL
Open High Low EURALL Price Change
125.14 125.14 125.14 125.14 0.00
Entry Signal

MarketClub’s Trade Triangles for EURALL

long term down The long term trend has been DOWN since Feb 7th, 2018 at 133.61

intermediate term down The intermediate term trend has been DOWN since Sep 25th, 2018 at 126.34

short term down The short term trend has been DOWN since Oct 2nd, 2018 at 126.25

Smart Scan Analysis for EURALL

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

-100
Smart Scan Analysis for EURALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.14 125.14 125.14 125.14 0.00
Prev. Close Volume Bid Ask Time
125.14 122.64 127.64 2018-10-21 20:21:07
Want to analyze Euro/Albanian Lek EURALL or another symbol? Try our Free Forex Trend Analysis Report.