Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
British Pound/Albanian Lek (FOREX:GBPALL)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 GBPALL
The long term trend has been UP since Feb 19th, 2019 at 143.055
The intermediate term trend has been UP since Jan 7th, 2019 at 137.480
The short term trend has been UP since Mar 24th, 2019 at 144.860
Smart Scan Analysis for GBPALL
Based on a pre-defined weighted trend formula for chart analysis, GBPALL scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).