Forex Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
Australian Dollar/Lithuanian Litas (FOREX:AUDLTL)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 AUDLTL
The long term trend has been UP since Jan 11th, 2018 at 2.31610
The intermediate term trend has been UP since Apr 13th, 2018 at 2.28270
The short term trend has been UP since Apr 19th, 2018 at 2.28785
Smart Scan Analysis for AUDLTL
Based on a pre-defined weighted trend formula for chart analysis, AUDLTL scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).