Rangers suffered their second defeat in the Scottish Championship, as they went down 2-1 at Falkirk Stadium.
John Baird put the home side head after just three minutes when he found the target from the penalty spot.
Barrie McKay equalised with a low drive on 15 minutes before Will Vaulks put Falkirk back in front 10 minutes into the second half.
Former Rangers attacker Lovenkrands was following the match, and he was not impressed with the final result.
The former Denmark international has also underlined the importance of the game between championship title rivals Rangers and Hibernian at Ibrox on December 28.
Over the course of the 90 minutes at Falkirk Stadium, hosts Falkirk had just 32% of the possession, took five shots of which four were on target, and earned three corners.
Visitors Rangers had 68% of the possession, took 17 shots of which seven were on target, and earned 15 corners.