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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
British Pound/Albanian Lek (FOREX:GBPALL)
Long-Term Downtrend (-90) - GBPALL is in a strong downtrend that is likely to continue. While GBPALL 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 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 Mar 29th, 2024 at 120.39930
The short-term trend has been DOWN since Mar 29th, 2024 at 120.39930
Smart Scan Analysis for GBPALL
Based on our trend formula, GBPALL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 117.48063 | 117.48063 | 117.48063 | 117.48063 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 117.48063 | 2024-04-24 21:01:06 |