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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

US Dollar/Albanian Lek (FOREX:USDALL)

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.

FOREX_USDALL
Open High Low USDALL Price Change
109.780 110.210 109.780 110.165 +0.385
Entry Signal

MarketClub’s Trade Triangles for USDALL

long term up The long term trend has been UP since Aug 30th, 2019 at 110.63

intermediate term up The intermediate term trend has been UP since Aug 28th, 2019 at 109.55

short term down The short term trend has been DOWN since Sep 12th, 2019 at 110.05

Smart Scan Analysis for USDALL

Based on a pre-defined weighted trend formula for chart analysis, USDALL scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for USDALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.780 110.210 109.780 110.165 +0.385
Prev. Close Volume Bid Ask Time
109.78 109.850 110.480 2019-09-16 17:22:15
Want to analyze US Dollar/Albanian Lek USDALL or another symbol? Try our Free Forex Trend Analysis Report.