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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Albanian Lek (FOREX:USDALL)
Bear Market Rally (-75) - USDALL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDALL as it may be in the beginning of a reversal.
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 DOWN since Nov 15th, 2022 at 113.30000
The intermediate-term trend has been DOWN since Jun 18th, 2024 at 91.89894
The short-term trend has been UP since Jul 21st, 2024 at 92.07917
Smart Scan Analysis for USDALL
Based on our trend formula, USDALL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 92.62722 | 92.62722 | 92.59907 | 92.59907 | -0.02815 |
| Prev. Close | Volume | Bid | Ask | Time |
| 92.62722 | 2024-07-26 14:00:15 |