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Forex Trend Analysis Report
Prepared for you on Friday, December 13, 2024.
Albanian Lek/British Pound (FOREX:ALLGBP)
Countertrend Down (-85) - ALLGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Dec 4th, 2024 at 0.00842982
The intermediate-term trend has been DOWN since Dec 1st, 2024 at 0.00850114
The short-term trend has been UP since Dec 9th, 2024 at 0.00842973
Smart Scan Analysis for ALLGBP
Based on our trend formula, ALLGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00843269 | 0.00843269 | 0.00843269 | 0.00843269 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00841304 | 2024-12-09 18:36:58 |