Forex Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
US Dollar/Albanian Lek (FOREX:USDALL)
Weak Downtrend (-65) - USDALL is showing signs of a strengthening downtrend. Monitor USDALL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDALL?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDALL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDALL
The long-term trend has been UP since Mar 19th, 2020 at 113.31768
The intermediate-term trend has been DOWN since May 27th, 2020 at 112.84029
The short-term trend has been DOWN since May 27th, 2020 at 112.92500
Smart Scan Analysis for USDALL
Based on our trend formula, USDALL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).