Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Albanian Lek/US Dollar (FOREX:ALLUSD)
Bear Market Rally (-75) - ALLUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ALLUSD as it may be in the beginning of a reversal.
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 Feb 13th, 2020 at 0.00895734
The intermediate-term trend has been DOWN since Jan 9th, 2020 at 0.00908880
The short-term trend has been UP since Feb 25th, 2020 at 0.00885545
Smart Scan Analysis for ALLUSD
Based on our trend formula, ALLUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).