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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.

FOREX_ALLUSD
Open High Low ALLUSD Price Change
0.00886591 0.00886591 0.00886591 0.00886591 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLUSD

long term down The long-term trend has been DOWN since Feb 13th, 2020 at 0.00895734

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2020 at 0.00908880

short term up 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).

-75
Smart Scan Analysis for ALLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00886591 0.00886591 0.00886591 0.00886591 0.00000000
Prev. Close Volume Bid Ask Time
0.00890633 0.00868458 0.00904723 2020-02-25 07:23:01
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