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Forex Trend Analysis Report
Prepared for you on Saturday, October 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 DOWN since Apr 3rd, 2024 at 120.02031
The intermediate-term trend has been UP since Sep 25th, 2024 at 118.22162
The short-term trend has been UP since Oct 20th, 2024 at 118.07977
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 |
|---|---|---|---|---|
| 118.70272 | 118.70272 | 118.70272 | 118.70272 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 118.47347 | 2024-10-23 07:25:20 |