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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Albanian Lek/British Pound (FOREX:ALLGBP)

Crossroads (-60) - ALLGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_ALLGBP
Open High Low ALLGBP Price Change
0.00842672 0.00842672 0.00842672 0.00842672 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLGBP

long term down The long-term trend has been DOWN since Dec 4th, 2024 at 0.00842982

intermediate term up The intermediate-term trend has been UP since Dec 15th, 2024 at 0.00844945

short term up The short-term trend has been UP since Dec 9th, 2024 at 0.00842973

Smart Scan Analysis for ALLGBP

Based on our trend formula, ALLGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ALLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00842672 0.00842672 0.00842672 0.00842672 0.00000000
Prev. Close Volume Bid Ask Time
0.00828657 2024-12-24 21:00:04
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