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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Albanian Lek/US Dollar (FOREX:ALLUSD)

Countertrend Down (-85) - ALLUSD 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 ALLUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALLUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ALLUSD
Open High Low ALLUSD Price Change
0.00956949 0.00956949 0.00956949 0.00956949 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLUSD

long term down The long-term trend has been DOWN since Aug 22nd, 2021 at 0.00961760

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2021 at 0.00969641

short term up The short-term trend has been UP since Oct 20th, 2021 at 0.00953906

Smart Scan Analysis for ALLUSD

Based on our trend formula, ALLUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ALLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00956949 0.00956949 0.00956949 0.00956949 0.00000000
Prev. Close Volume Bid Ask Time
0.00956949 2021-10-20 07:19:51
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