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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Albanian Lek (FOREX:USDALL)
Countertrend Up (+85) - USDALL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for USDALL
The long-term trend has been UP since Nov 18th, 2024 at 92.835
The intermediate-term trend has been UP since Oct 4th, 2024 at 89.785
The short-term trend has been UP since Nov 8th, 2024 at 91.250
Smart Scan Analysis for USDALL
Based on our trend formula, USDALL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 93.15326 | 93.15326 | 92.60000 | 92.60000 | -0.55326 |
| Prev. Close | Volume | Bid | Ask | Time |
| 93.00000 | 2024-11-18 18:13:17 |