The Danish attacker has been with the club since the summer of 2012 but is not a regular in Lee Clark's starting XI and is staying open-minded about his options for the future.
He does not anticipate a move during the January transfer window and has made it clear that he is desperate for more opportunities to impress.
The 33-year-old has not yet decided what he will do when his deal runs out.
"Of course, I would like to play more, but I hope I get the chance soon," Lovenkrands told Tipsbladet.
"I am taking it easy. I am still involved at the club and I am fit and ready."
He added: "Everything can happen of course, but right now I don't think something will happen.
"It will probably be during the summer, but I am focused on training well and be ready.
"I haven't thought much about the future yet, because I still got six months left on my contract."