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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Albanian Lek/British Pound (FOREX:ALLGBP)
Long-Term Downtrend (-90) - ALLGBP is in a strong downtrend that is likely to continue. While ALLGBP 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 ALLGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALLGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ALLGBP
The long-term trend has been DOWN since Jan 29th, 2025 at 0.00841992
The intermediate-term trend has been DOWN since Jan 29th, 2025 at 0.00846241
The short-term trend has been DOWN since Jan 26th, 2025 at 0.00857677
Smart Scan Analysis for ALLGBP
Based on our trend formula, ALLGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00839497 | 0.00839497 | 0.00832906 | 0.00832906 | -0.00006600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00840124 | 2025-02-02 14:27:10 |