Forex Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
Lithuanian Litas/Polish New Zloty (FOREX:LTLPLN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 LTLPLN
The long term trend has been DOWN since Jun 7th, 2019 at 1.23685
The intermediate term trend has been UP since Jul 9th, 2019 at 1.23665
The short term trend has been DOWN since Jul 15th, 2019 at 1.23510
Smart Scan Analysis for LTLPLN
Based on a pre-defined weighted trend formula for chart analysis, LTLPLN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).