Forex Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Euro/Albanian Lek (FOREX:EURALL)
Sidelines Mode (+55) - EURALL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Mar 4th, 2020 at 122.71
The intermediate-term trend has been DOWN since Apr 17th, 2020 at 125.59
The short-term trend has been UP since May 20th, 2020 at 123.67
Smart Scan Analysis for EURALL
Based on our trend formula, EURALL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).