Forex Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
Fijian Dollar/US Dollar (FOREX:FJDUSD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.
MarketClub’s Trade Triangles for FJDUSD
The long term trend has been DOWN since Apr 23rd, 2018 at 0.48757
The intermediate term trend has been DOWN since Apr 23rd, 2018 at 0.48870
The short term trend has been DOWN since Apr 19th, 2018 at 0.49260
Smart Scan Analysis for FJDUSD
Based on a pre-defined weighted trend formula for chart analysis, FJDUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).