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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
British Pound/Albanian Lek (FOREX:GBPALL)
Crossroads (-60) - GBPALL 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 GBPALL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPALL.
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 GBPALL
The long-term trend has been UP since Dec 4th, 2024 at 118.70272
The intermediate-term trend has been DOWN since Dec 15th, 2024 at 118.42755
The short-term trend has been DOWN since Dec 9th, 2024 at 118.70439
Smart Scan Analysis for GBPALL
Based on our trend formula, GBPALL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 118.74661 | 118.74661 | 118.74661 | 118.74661 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 120.75495 | 2024-12-24 21:00:04 |