Forex Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
Fijian Dollar/British Pound (FOREX:FJDGBP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 UP since Nov 15th, 2018 at 0.371725
The intermediate term trend has been DOWN since Dec 27th, 2018 at 0.368790
The short term trend has been DOWN since Jan 15th, 2019 at 0.365520
Smart Scan Analysis for FJDGBP
Based on a pre-defined weighted trend formula for chart analysis, FJDGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).