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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Albanian Lek/Euro (FOREX:ALLEUR)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ALLEUR
Open High Low ALLEUR Price Change
0.008033 0.008033 0.008033 0.008033 0.000000
Entry Signal

MarketClub’s Trade Triangles for ALLEUR

long term up The long term trend has been UP since Feb 7th, 2018 at 0.007490

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2019 at 0.008096

short term down The short term trend has been DOWN since Feb 15th, 2019 at 0.008045

Smart Scan Analysis for ALLEUR

Based on a pre-defined weighted trend formula for chart analysis, ALLEUR scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for ALLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008033 0.008033 0.008033 0.008033 0.000000
Prev. Close Volume Bid Ask Time
0.008033 0.007872 0.008195 2019-02-21 21:03:52
Want to analyze Albanian Lek/Euro ALLEUR or another symbol? Try our Free Forex Trend Analysis Report.