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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Albanian Lek/US Dollar (FOREX:ALLUSD)
Bull Market Weakness (+75) - ALLUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALLUSD as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for ALLUSD
The long-term trend has been UP since Nov 11th, 2022 at 0.00878073
The intermediate-term trend has been UP since Jul 7th, 2024 at 0.01076532
The short-term trend has been DOWN since Jul 22nd, 2024 at 0.01086697
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01080264 | 0.01080592 | 0.01080264 | 0.01080592 | +0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01080264 | 2024-07-26 14:00:15 |