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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Australian Dollar/Lithuanian Litas (FOREX:AUDLTL)

Sidelines Mode (+55) - AUDLTL 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 AUDLTL?

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

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

FOREX_AUDLTL
Open High Low AUDLTL Price Change
1.9307857 1.9402169 1.9258428 1.9396302 +0.0088450
Entry Signal

MarketClub’s Trade Triangles for AUDLTL

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 1.8897607

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 1.9493108

short term down The short-term trend has been DOWN since May 8th, 2024 at 1.9270162

Smart Scan Analysis for AUDLTL

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

+55
Smart Scan Analysis for AUDLTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9307857 1.9402169 1.9258428 1.9396302 +0.0088450
Prev. Close Volume Bid Ask Time
1.9307857 2024-05-09 13:23:25
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