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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.
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MarketClub’s Trade Triangles for USDALL
The long-term trend has been UP since Aug 20th, 2021 at 104.01939
The intermediate-term trend has been UP since Sep 21st, 2021 at 103.50000
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).
| 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 |