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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

US Dollar/Albanian Lek (FOREX:USDALL)

Sidelines Mode (-55) - USDALL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
93.74737 93.74737 93.74562 93.74562 -0.00175
Entry Signal

MarketClub’s Trade Triangles for USDALL

long term down The long-term trend has been DOWN since Nov 15th, 2022 at 113.30000

intermediate term down The intermediate-term trend has been DOWN since Jun 18th, 2024 at 91.89894

short term up The short-term trend has been UP since Jun 21st, 2024 at 93.73440

Smart Scan Analysis for USDALL

Based on our trend formula, USDALL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.74737 93.74737 93.74562 93.74562 -0.00175
Prev. Close Volume Bid Ask Time
93.87500 2024-06-23 21:00:31
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