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Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Euro/Albanian Lek (FOREX:EURALL)
Long-Term Downtrend (-90) - EURALL is in a strong downtrend that is likely to continue. While EURALL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURALL
The long-term trend has been DOWN since Dec 8th, 2022 at 116.47
The intermediate-term trend has been DOWN since Sep 23rd, 2023 at 107.00
The short-term trend has been DOWN since Sep 4th, 2023 at 108.80
Smart Scan Analysis for EURALL
Based on our trend formula, EURALL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 106.45 | 106.45 | 106.45 | 106.45 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 106.70 | 2023-09-23 13:03:35 |