Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Albanian Lek/Euro (FOREX:ALLEUR)
Countertrend Up (+85) - ALLEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Dec 8th, 2022 at 0.00858986
The intermediate-term trend has been UP since Oct 30th, 2023 at 0.00946334
The short-term trend has been UP since Sep 4th, 2023 at 0.00919603
Smart Scan Analysis for ALLEUR
Based on our trend formula, ALLEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).