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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.
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MarketClub’s Trade Triangles for ALLGBP
The long-term trend has been UP since May 4th, 2022 at 0.00696667
The intermediate-term trend has been UP since Sep 14th, 2023 at 0.00804457
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).
| 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 |