Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Albanian Lek/US Dollar (FOREX:ALLUSD)
Weak Downtrend (-65) - ALLUSD is showing signs of a strengthening downtrend. Monitor ALLUSD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for ALLUSD
The long-term trend has been DOWN since Aug 22nd, 2021 at 0.00961760
The intermediate-term trend has been UP since Jul 26th, 2022 at 0.00853033
The short-term trend has been DOWN since Jul 12th, 2022 at 0.00880990
Smart Scan Analysis for ALLUSD
Based on our trend formula, ALLUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).