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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

British Pound/Albanian Lek (FOREX:GBPALL)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_GBPALL
Open High Low GBPALL Price Change
140.805 140.805 140.805 140.805 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPALL

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 139.375

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 137.480

short term up The short term trend has been UP since Jan 7th, 2019 at 137.480

Smart Scan Analysis for GBPALL

Based on a pre-defined weighted trend formula for chart analysis, GBPALL scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
140.805 140.805 140.805 140.805 0.000
Prev. Close Volume Bid Ask Time
140.805 137.980 143.630 2019-01-20 20:07:40
Want to analyze British Pound/Albanian Lek GBPALL or another symbol? Try our Free Forex Trend Analysis Report.