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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Albanian Lek (FOREX:GBPALL)
Bull Market Weakness (+75) - GBPALL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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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 UP since May 26th, 2024 at 117.86597
The short-term trend has been UP since Jul 24th, 2024 at 119.14843
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 119.20467 | 119.20467 | 119.19407 | 119.19407 | -0.01060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 119.20467 | 2024-07-26 14:00:15 |