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Forex Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

US Dollar/Albanian Lek (FOREX:USDALL)

Weak Downtrend (-65) - USDALL is showing signs of a strengthening downtrend. Monitor USDALL as it may be building momentum to the downside.

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
110.88446 111.15000 110.35000 110.35000 -0.53446
Entry Signal

MarketClub’s Trade Triangles for USDALL

long term up The long-term trend has been UP since Mar 19th, 2020 at 113.31768

intermediate term down The intermediate-term trend has been DOWN since May 27th, 2020 at 112.84029

short term down The short-term trend has been DOWN since May 27th, 2020 at 112.92500

Smart Scan Analysis for USDALL

Based on our trend formula, USDALL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.88446 111.15000 110.35000 110.35000 -0.53446
Prev. Close Volume Bid Ask Time
110.88446 109.90000 110.80000 2020-06-03 16:41:19
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