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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

US Dollar/Albanian Lek (FOREX:USDALL)

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.

FOREX_USDALL
Open High Low USDALL Price Change
109.60 109.80 109.40 109.74 +0.14
Entry Signal

MarketClub’s Trade Triangles for USDALL

long term down The long term trend has been DOWN since Dec 20th, 2018 at 107.28

intermediate term up The intermediate term trend has been UP since Jan 11th, 2019 at 109.04

short term up The short term trend has been UP since Jan 20th, 2019 at 109.37

Smart Scan Analysis for USDALL

Based on a pre-defined weighted trend formula for chart analysis, USDALL scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.60 109.80 109.40 109.74 +0.14
Prev. Close Volume Bid Ask Time
109.6 109.24 110.24 2019-01-22 12:50:19
Want to analyze US Dollar/Albanian Lek USDALL or another symbol? Try our Free Forex Trend Analysis Report.