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Forex Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Lithuanian Litas/Australian Dollar (FOREX:LTLAUD)

Countertrend Down (-85) - LTLAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_LTLAUD
Open High Low LTLAUD Price Change
0.51158526 0.51277039 0.50848710 0.50863884 -0.00294600
Entry Signal

MarketClub’s Trade Triangles for LTLAUD

long term down The long-term trend has been DOWN since May 15th, 2024 at 0.51127451

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2024 at 0.51300189

short term up The short-term trend has been UP since May 14th, 2024 at 0.51767616

Smart Scan Analysis for LTLAUD

Based on our trend formula, LTLAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for LTLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51158526 0.51277039 0.50848710 0.50863884 -0.00294600
Prev. Close Volume Bid Ask Time
0.50848710 2024-05-17 17:03:48
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