Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
Euro/Albanian Lek (FOREX:EURALL)
Smart Scan Chart Analysis indicates that the upward 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.
MarketClub’s Trade Triangles for EURALL
The long term trend has been DOWN since Feb 7th, 2018 at 133.61
The intermediate term trend has been UP since Jan 7th, 2019 at 123.57
The short term trend has been UP since Feb 15th, 2019 at 124.35
Smart Scan Analysis for EURALL
Based on a pre-defined weighted trend formula for chart analysis, EURALL scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).