Forex Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
Fijian Dollar/British Pound (FOREX:FJDGBP)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 FJDGBP
The long term trend has been DOWN since Sep 10th, 2018 at 0.357745
The intermediate term trend has been DOWN since Aug 29th, 2018 at 0.365615
The short term trend has been UP since Sep 23rd, 2018 at 0.360150
Smart Scan Analysis for FJDGBP
Based on a pre-defined weighted trend formula for chart analysis, FJDGBP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).