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Forex Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Fijian Dollar/Euro (FOREX:FJDEUR)

Crossroads (-60) - FJDEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid FJDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for FJDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_FJDEUR
Open High Low FJDEUR Price Change
0.40927649 0.40927649 0.40834057 0.40849070 -0.00078600
Entry Signal

MarketClub’s Trade Triangles for FJDEUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.41446736

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 0.40790749

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.41139808

Smart Scan Analysis for FJDEUR

Based on our trend formula, FJDEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for FJDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.40927649 0.40927649 0.40834057 0.40849070 -0.00078600
Prev. Close Volume Bid Ask Time
0.40927649 2024-05-08 22:21:01
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