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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.

FOREX_ALLUSD
Open High Low ALLUSD Price Change
0.008773 0.008773 0.008773 0.008773 0.000000
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 up The intermediate-term trend has been UP since Jul 26th, 2022 at 0.00853033

short term down 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).

-65
Smart Scan Analysis for ALLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008773 0.008773 0.008773 0.008773 0.000000
Prev. Close Volume Bid Ask Time
0.008773 2022-08-10 07:20:31
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