Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
British Pound/Albanian Lek (FOREX:GBPALL)
Weak Uptrend (+65) - GBPALL is showing signs of weakening momentum to the upside. Monitor GBPALL as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for GBPALL
The long-term trend has been UP since Nov 10th, 2020 at 138.71393
The intermediate-term trend has been UP since Oct 4th, 2020 at 136.10516
The short-term trend has been DOWN since Nov 30th, 2020 at 138.88266
Smart Scan Analysis for GBPALL
Based on our trend formula, GBPALL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).