Forex Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
US Dollar/Albanian Lek (FOREX:USDALL)
Strong Downtrend (-100) - USDALL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDALL continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 15th, 2022 at 113.30000
The intermediate-term trend has been DOWN since Oct 31st, 2023 at 99.57666
The short-term trend has been DOWN since Oct 30th, 2023 at 99.82500
Smart Scan Analysis for USDALL
Based on our trend formula, USDALL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).