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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Albanian Lek (FOREX:GBPALL)
Strong Downtrend (-100) - GBPALL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPALL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPALL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPALL.
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 GBPALL
The long-term trend has been DOWN since Apr 3rd, 2024 at 120.02031
The intermediate-term trend has been DOWN since Nov 7th, 2024 at 118.69361
The short-term trend has been DOWN since Nov 8th, 2024 at 118.12671
Smart Scan Analysis for GBPALL
Based on our trend formula, GBPALL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 117.56673 | 117.56673 | 117.56673 | 117.56673 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 117.56673 | 2024-11-18 07:25:25 |