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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

US Dollar/Albanian Lek (FOREX:USDALL)

Long-Term Downtrend (-90) - USDALL is in a strong downtrend that is likely to continue. While USDALL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
101.67764 101.70000 101.67764 101.70000 +0.02236
Entry Signal

MarketClub’s Trade Triangles for USDALL

long term down The long-term trend has been DOWN since Jul 13th, 2020 at 109.27116

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 101.78494

short term down The short-term trend has been DOWN since Feb 19th, 2021 at 102.20000

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
101.67764 101.70000 101.67764 101.70000 +0.02236
Prev. Close Volume Bid Ask Time
101.67764 2021-02-24 13:12:34
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