Forex Trend Analysis Report
Prepared for you on Wednesday, December 19, 2018.
Lithuanian Litas/Australian Dollar (FOREX:LTLAUD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 Dec 2nd, 2018 at 0.464340
The intermediate term trend has been UP since Dec 9th, 2018 at 0.473890
The short term trend has been DOWN since Dec 18th, 2018 at 0.473515
Smart Scan Analysis for LTLAUD
Based on a pre-defined weighted trend formula for chart analysis, LTLAUD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).