Forex Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
Euro/Fijian Dollar (FOREX:EURFJD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 EURFJD
The long term trend has been UP since Apr 24th, 2017 at 2.2595
The intermediate term trend has been UP since Jun 28th, 2017 at 2.3482
The short term trend has been UP since Sep 18th, 2017 at 2.4205
Smart Scan Analysis for EURFJD
Based on a pre-defined weighted trend formula for chart analysis, EURFJD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).