Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Albanian Lek/Euro (FOREX:ALLEUR)
Weak Downtrend (-65) - ALLEUR is showing signs of a strengthening downtrend. Monitor ALLEUR as it may be building momentum to the downside.
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 UP since Nov 12th, 2020 at 0.00808738
The intermediate-term trend has been DOWN since Dec 30th, 2020 at 0.00807692
The short-term trend has been DOWN since Feb 23rd, 2021 at 0.00809393
Smart Scan Analysis for ALLEUR
Based on our trend formula, ALLEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).