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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Albanian Lek/British Pound (FOREX:ALLGBP)
Weak Downtrend (-65) - ALLGBP is showing signs of a strengthening downtrend. Monitor ALLGBP as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for ALLGBP
The long-term trend has been UP since Apr 3rd, 2024 at 0.00833674
The intermediate-term trend has been DOWN since May 26th, 2024 at 0.00848948
The short-term trend has been DOWN since Jul 24th, 2024 at 0.00839811
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00839412 | 0.00839487 | 0.00839412 | 0.00839487 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00839412 | 2024-07-26 14:00:15 |