Forex Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
Lithuanian Litas/Australian Dollar (FOREX:LTLAUD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 LTLAUD
The long term trend has been UP since Dec 27th, 2018 at 0.485390
The intermediate term trend has been UP since Feb 7th, 2019 at 0.481685
The short term trend has been DOWN since Feb 12th, 2019 at 0.479515
Smart Scan Analysis for LTLAUD
Based on a pre-defined weighted trend formula for chart analysis, LTLAUD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).