Forex Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
Lithuanian Litas/Australian Dollar (FOREX:LTLAUD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.
MarketClub’s Trade Triangles for LTLAUD
The long term trend has been UP since May 3rd, 2017 at 0.45813
The intermediate term trend has been DOWN since Jun 6th, 2017 at 0.45352
The short term trend has been DOWN since Jun 26th, 2017 at 0.44863
Smart Scan Analysis for LTLAUD
Based on a pre-defined weighted trend formula for chart analysis, LTLAUD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).