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Forex Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

Albanian Lek/British Pound (FOREX:ALLGBP)

Bull Market Weakness (+75) - ALLGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALLGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ALLGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALLGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ALLGBP
Open High Low ALLGBP Price Change
0.00816373 0.00816373 0.00816373 0.00816373 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLGBP

long term up The long-term trend has been UP since May 4th, 2022 at 0.00696667

intermediate term up The intermediate-term trend has been UP since Sep 14th, 2023 at 0.00804457

short term up The short-term trend has been UP since Sep 4th, 2023 at 0.00790932

Smart Scan Analysis for ALLGBP

Based on our trend formula, ALLGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ALLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00816373 0.00816373 0.00816373 0.00816373 0.00000000
Prev. Close Volume Bid Ask Time
0.00811129 2023-09-23 13:03:35
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