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Forex Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
US Dollar/Fijian Dollar (FOREX:USDFJD)
Bull Market Weakness (+75) - USDFJD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDFJD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDFJD.
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 USDFJD
The long-term trend has been UP since Sep 5th, 2023 at 2.2963
The intermediate-term trend has been UP since Apr 18th, 2024 at 2.2820
The short-term trend has been UP since Apr 30th, 2024 at 2.2855
Smart Scan Analysis for USDFJD
Based on our trend formula, USDFJD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.26045 | 2.26300 | 2.25435 | 2.25490 | -0.00555 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.26045 | 2024-05-02 17:56:05 |