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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Albanian Lek/British Pound (FOREX:ALLGBP)
Countertrend Up (+85) - ALLGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 7th, 2024 at 0.00843047
The short-term trend has been UP since Nov 8th, 2024 at 0.00847097
Smart Scan Analysis for ALLGBP
Based on our trend formula, ALLGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00851133 | 0.00851133 | 0.00851133 | 0.00851133 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00851133 | 2024-11-18 07:25:25 |