Forex Trend Analysis Report
Prepared for you on Monday, April 24, 2017.
Lithuanian Litas/Australian Dollar (FOREX:LTLAUD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 DOWN since Mar 20th, 2017 at 0.440485
The intermediate term trend has been UP since Apr 6th, 2017 at 0.452440
The short term trend has been DOWN since Apr 23rd, 2017 at 0.451785
Smart Scan Analysis for LTLAUD
Based on a pre-defined weighted trend formula for chart analysis, LTLAUD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).