Forex Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
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 Dec 21st, 2018 at 1.50645
The intermediate term trend has been UP since Jan 14th, 2019 at 1.52935
The short term trend has been DOWN since Jan 15th, 2019 at 1.51560
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).