Forex Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
Lithuanian Litas/Australian Dollar (FOREX:LTLAUD)
Long-Term Downtrend (-90) - LTLAUD is in a strong downtrend that is likely to continue. While LTLAUD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LTLAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for LTLAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LTLAUD
The long-term trend has been DOWN since Dec 1st, 2023 at 0.51065031
The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 0.52889660
The short-term trend has been DOWN since Nov 14th, 2023 at 0.53337358
Smart Scan Analysis for LTLAUD
Based on our trend formula, LTLAUD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).