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Forex Trend Analysis Report

Prepared for you on Thursday, December 1, 2022.

US Dollar/Albanian Lek (FOREX:USDALL)

Sidelines Mode (-55) - USDALL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDALL?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDALL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDALL
Open High Low USDALL Price Change
113.25 113.25 113.25 113.25 0.00
Entry Signal

MarketClub’s Trade Triangles for USDALL

long term down The long-term trend has been DOWN since Nov 15th, 2022 at 113.30000

intermediate term down The intermediate-term trend has been DOWN since Oct 26th, 2022 at 118.20000

short term up The short-term trend has been UP since Dec 1st, 2022 at 112.67021

Smart Scan Analysis for USDALL

Based on our trend formula, USDALL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDALL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
113.25 113.25 113.25 113.25 0.00
Prev. Close Volume Bid Ask Time
113.25 2022-12-01 12:36:57
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