Forex Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
British Pound/Fijian Dollar (FOREX:GBPFJD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 GBPFJD
The long term trend has been DOWN since May 21st, 2018 at 2.77660
The intermediate term trend has been UP since Jun 21st, 2018 at 2.78025
The short term trend has been UP since Jul 16th, 2018 at 2.78110
Smart Scan Analysis for GBPFJD
Based on a pre-defined weighted trend formula for chart analysis, GBPFJD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).