Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Euro/Albanian Lek (FOREX:EURALL)
Bear Market Rally (-75) - EURALL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURALL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURALL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURALL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURALL
The long-term trend has been DOWN since Nov 12th, 2020 at 123.70
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 121.77
The short-term trend has been UP since Sep 22nd, 2021 at 121.31
Smart Scan Analysis for EURALL
Based on our trend formula, EURALL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).