Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
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 Aug 13th, 2023 at 1.8944543
The intermediate-term trend has been DOWN since Aug 1st, 2023 at 1.9425637
The short-term trend has been DOWN since Sep 20th, 2023 at 1.8824270
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).