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Forex Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
British Pound/Fijian Dollar (FOREX:GBPFJD)
Sidelines Mode (-55) - GBPFJD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPFJD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPFJD
The long-term trend has been DOWN since Apr 22nd, 2024 at 2.8072656
The intermediate-term trend has been UP since Apr 25th, 2024 at 2.8802202
The short-term trend has been DOWN since May 2nd, 2024 at 2.8259862
Smart Scan Analysis for GBPFJD
Based on our trend formula, GBPFJD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.8278771 | 2.8712082 | 2.8273802 | 2.8712082 | +0.0433310 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.8278771 | 2024-05-03 16:19:06 |