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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

US Dollar/Albanian Lek (FOREX:USDALL)

Long-Term Uptrend (+90) - USDALL is in a strong uptrend that is likely to continue. While USDALL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_USDALL
Open High Low USDALL Price Change
107.225 107.225 107.225 107.225 0.000
Entry Signal

MarketClub’s Trade Triangles for USDALL

long term up The long-term trend has been UP since Aug 20th, 2021 at 104.01939

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 103.50000

short term up The short-term trend has been UP since Dec 6th, 2021 at 106.96689

Smart Scan Analysis for USDALL

Based on our trend formula, USDALL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107.225 107.225 107.225 107.225 0.000
Prev. Close Volume Bid Ask Time
107.225 2021-12-08 13:09:48
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