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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Albanian Lek/US Dollar (FOREX:ALLUSD)

Strong Downtrend (-100) - ALLUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ALLUSD continues to fall. Traders should use caution and set stops.

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
0.01074197 0.01074197 0.01074197 0.01074197 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLUSD

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 0.01081927

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.01114554

short term down The short-term trend has been DOWN since Oct 4th, 2024 at 0.01124669

Smart Scan Analysis for ALLUSD

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

-100
Smart Scan Analysis for ALLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01074197 0.01074197 0.01074197 0.01074197 0.00000000
Prev. Close Volume Bid Ask Time
0.01074197 2024-11-18 07:25:25
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