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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Albanian Lek/British Pound (FOREX:ALLGBP)

Weak Uptrend (+65) - ALLGBP is showing signs of weakening momentum to the upside. Monitor 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
0.00724043 0.00724043 0.00724043 0.00724043 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLGBP

long term up The long-term trend has been UP since Mar 4th, 2020 at 0.00704116

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2020 at 0.00703010

short term down The short-term trend has been DOWN since May 25th, 2020 at 0.00721915

Smart Scan Analysis for ALLGBP

Based on our trend formula, ALLGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ALLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00724043 0.00724043 0.00724043 0.00724043 0.00000000
Prev. Close Volume Bid Ask Time
0.00726341 0.00709470 0.00738616 2020-05-28 21:09:25
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