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Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Euro/Fijian Dollar (FOREX:EURFJD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_EURFJD
Open High Low EURFJD Price Change
2.4150 2.4176 2.4035 2.4035 -0.0115
Entry Signal

MarketClub’s Trade Triangles for EURFJD

long term down The long term trend has been DOWN since May 4th, 2018 at 2.4607

intermediate term down The intermediate term trend has been DOWN since Apr 27th, 2018 at 2.4825

short term down The short term trend has been DOWN since May 16th, 2018 at 2.4649

Smart Scan Analysis for EURFJD

Based on a pre-defined weighted trend formula for chart analysis, EURFJD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for EURFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4150 2.4176 2.4035 2.4035 -0.0115
Prev. Close Volume Bid Ask Time
2.4150 2.3910 2.4160 2018-05-25 18:28:19
Want to analyze Euro/Fijian Dollar EURFJD or another symbol? Try our Free Forex Trend Analysis Report.