Forex Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Australian Dollar/Lithuanian Litas (FOREX:AUDLTL)
Long-Term Downtrend (-90) - AUDLTL is in a strong downtrend that is likely to continue. While AUDLTL 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 AUDLTL?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDLTL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDLTL
The long-term trend has been DOWN since Apr 1st, 2021 at 2.2188994
The intermediate-term trend has been DOWN since Jan 24th, 2022 at 2.0915562
The short-term trend has been DOWN since Jan 24th, 2022 at 2.1037595
Smart Scan Analysis for AUDLTL
Based on our trend formula, AUDLTL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).