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Forex Trend Analysis Report
Prepared for you on Sunday, December 8, 2024.
British Pound/Albanian Lek (FOREX:GBPALL)
Countertrend Up (+85) - GBPALL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 4th, 2024 at 118.70272
The intermediate-term trend has been UP since Dec 1st, 2024 at 117.70776
The short-term trend has been UP since Dec 1st, 2024 at 118.10692
Smart Scan Analysis for GBPALL
Based on our trend formula, GBPALL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 118.57565 | 118.63998 | 118.57565 | 118.63998 | +0.06433 |
| Prev. Close | Volume | Bid | Ask | Time |
| 118.57565 | 2024-12-07 04:22:57 |