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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

British Pound/Albanian Lek (FOREX:GBPALL)

Sidelines Mode (+50) - GBPALL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPALL can gain momentum.

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
143.07177 143.07177 143.07177 143.07177 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPALL

long term down The long-term trend has been DOWN since Aug 2nd, 2021 at 142.29838

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 142.52321

short term up The short-term trend has been UP since Sep 27th, 2021 at 141.85815

Smart Scan Analysis for GBPALL

Based on our trend formula, GBPALL is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
143.07177 143.07177 143.07177 143.07177 0.00000
Prev. Close Volume Bid Ask Time
143.79023 2021-10-12 07:14:17
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