Forex Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
Lithuanian Litas/Polish New Zloty (FOREX:LTLPLN)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 LTLPLN
The long term trend has been UP since Mar 20th, 2018 at 1.22365
The intermediate term trend has been DOWN since Nov 8th, 2018 at 1.24055
The short term trend has been DOWN since Nov 16th, 2018 at 1.24110
Smart Scan Analysis for LTLPLN
Based on a pre-defined weighted trend formula for chart analysis, LTLPLN scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).