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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

British Pound/Albanian Lek (FOREX:GBPALL)

Weak Downtrend (-65) - GBPALL is showing signs of a strengthening downtrend. Monitor GBPALL as it may be building momentum to the downside.

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.

FOREX_GBPALL
Open High Low GBPALL Price Change
141.68011 141.68011 141.68011 141.68011 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPALL

long term up The long-term trend has been UP since Jan 25th, 2021 at 139.27123

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2021 at 143.43976

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 144.57237

Smart Scan Analysis for GBPALL

Based on our trend formula, GBPALL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
141.68011 141.68011 141.68011 141.68011 0.00000
Prev. Close Volume Bid Ask Time
141.68011 2021-05-08 11:31:01
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