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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Albanian Lek/US Dollar (FOREX:ALLUSD)

Crossroads (-60) - ALLUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00886015 0.00886015 0.00886015 0.00886015 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLUSD

long term down The long-term trend has been DOWN since Apr 1st, 2020 at 0.00882844

intermediate term up The intermediate-term trend has been UP since Apr 17th, 2020 at 0.00863208

short term up The short-term trend has been UP since May 15th, 2020 at 0.00876766

Smart Scan Analysis for ALLUSD

Based on our trend formula, ALLUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ALLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00886015 0.00886015 0.00886015 0.00886015 0.00000000
Prev. Close Volume Bid Ask Time
0.00880532 0.00868095 0.00903934 2020-05-21 21:08:20
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