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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

Albanian Lek/British Pound (FOREX:ALLGBP)

Strong Downtrend (-100) - ALLGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.

FOREX_ALLGBP
Open High Low ALLGBP Price Change
0.00695513 0.00695513 0.00695513 0.00695513 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLGBP

long term down The long-term trend has been DOWN since Oct 20th, 2021 at 0.00697905

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.00701937

short term down The short-term trend has been DOWN since Sep 27th, 2021 at 0.00705229

Smart Scan Analysis for ALLGBP

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

-100
Smart Scan Analysis for ALLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00695513 0.00695513 0.00695513 0.00695513 0.00000000
Prev. Close Volume Bid Ask Time
0.00693853 2021-10-20 07:19:51
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