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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

British Pound/Albanian Lek (FOREX:GBPALL)

Bull Market Weakness (+75) - GBPALL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPALL as it may be in the beginning stages of a reversal.

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.

FOREX_GBPALL
Open High Low GBPALL Price Change
119.61449 119.61449 119.61449 119.61449 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPALL

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 120.02031

intermediate term up The intermediate-term trend has been UP since May 26th, 2024 at 117.86597

short term up The short-term trend has been UP since Jul 24th, 2024 at 119.14843

Smart Scan Analysis for GBPALL

Based on our trend formula, GBPALL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
119.61449 119.61449 119.61449 119.61449 0.00000
Prev. Close Volume Bid Ask Time
119.61449 2024-07-24 21:07:17
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