Forex Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
Australian Dollar/Fijian Dollar (FOREX:AUDFJD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for AUDFJD
The long term trend has been DOWN since Apr 20th, 2018 at 1.55490
The intermediate term trend has been UP since Jun 4th, 2018 at 1.58085
The short term trend has been DOWN since Jun 12th, 2018 at 1.55900
Smart Scan Analysis for AUDFJD
Based on a pre-defined weighted trend formula for chart analysis, AUDFJD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).