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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.

FOREX_AUDLTL
Open High Low AUDLTL Price Change
1.8718664 1.8736265 1.8659994 1.8708103 -0.0010560
Entry Signal

MarketClub’s Trade Triangles for AUDLTL

long term down The long-term trend has been DOWN since Aug 13th, 2023 at 1.8944543

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2023 at 1.9425637

short term down 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).

-90
Smart Scan Analysis for AUDLTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8718664 1.8736265 1.8659994 1.8708103 -0.0010560
Prev. Close Volume Bid Ask Time
1.8718664 2023-09-27 11:51:35
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