Forex Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
Lithuanian Litas/Australian Dollar (FOREX:LTLAUD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 Jul 13th, 2017 at 0.442225
The intermediate term trend has been UP since Sep 26th, 2017 at 0.430995
The short term trend has been UP since Oct 17th, 2017 at 0.435600
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).