Forex Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
Albanian Lek/Euro (FOREX:ALLEUR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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.
MarketClub’s Trade Triangles for ALLEUR
The long term trend has been UP since Apr 14th, 2019 at 0.008102
The intermediate term trend has been UP since Sep 16th, 2019 at 0.008239
The short term trend has been UP since Sep 13th, 2019 at 0.008235
Smart Scan Analysis for ALLEUR
Based on a pre-defined weighted trend formula for chart analysis, ALLEUR scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).