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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Albanian Lek/US Dollar (FOREX:ALLUSD)

Strong Uptrend (+100) - ALLUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ALLUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid ALLUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALLUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ALLUSD
Open High Low ALLUSD Price Change
0.01081697 0.01081697 0.01081697 0.01081697 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ALLUSD

long term up The long-term trend has been UP since Nov 11th, 2022 at 0.00878073

intermediate term up The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.01054629

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.01052313

Smart Scan Analysis for ALLUSD

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

+100
Smart Scan Analysis for ALLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01081697 0.01081697 0.01081697 0.01081697 0.00000000
Prev. Close Volume Bid Ask Time
0.01081697 2024-05-25 06:03:51
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