Forex Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
Albanian Lek/Euro (FOREX:ALLEUR)
Bear Market Rally (-75) - ALLEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ALLEUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ALLEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALLEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALLEUR
The long-term trend has been DOWN since Mar 4th, 2020 at 0.00815268
The intermediate-term trend has been UP since Apr 17th, 2020 at 0.00796557
The short-term trend has been DOWN since May 20th, 2020 at 0.00808934
Smart Scan Analysis for ALLEUR
Based on our trend formula, ALLEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).