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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Albanian Lek/US Dollar (FOREX:ALLUSD)

Weak Uptrend (+65) - ALLUSD is showing signs of weakening momentum to the upside. Monitor 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.

FOREX_ALLUSD
Open High Low ALLUSD Price Change
0.01052267 0.01052267 0.01052267 0.01052267 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLUSD

long term up The long-term trend has been UP since Nov 11th, 2022 at 0.00878073

intermediate term up The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.01054629

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.01057433

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
0.01052267 0.01052267 0.01052267 0.01052267 0.00000000
Prev. Close Volume Bid Ask Time
0.01059054 2024-04-14 21:07:28
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