Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
Australian Dollar/Fijian Dollar (FOREX:AUDFJD)
Long-Term Uptrend (+90) - AUDFJD is in a strong uptrend that is likely to continue. While AUDFJD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid AUDFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDFJD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for AUDFJD
The long-term trend has been UP since May 3rd, 2024 at 1.5013138
The intermediate-term trend has been UP since Apr 25th, 2024 at 1.5007273
The short-term trend has been UP since May 3rd, 2024 at 1.4982263
Smart Scan Analysis for AUDFJD
Based on our trend formula, AUDFJD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4884646 | 1.4885139 | 1.4815401 | 1.4815401 | -0.0069250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4884646 | 2024-05-07 16:18:17 |