Forex Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
British Pound/Fijian Dollar (FOREX:GBPFJD)
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 GBPFJD
The long term trend has been UP since Sep 14th, 2017 at 2.69980
The intermediate term trend has been DOWN since Apr 19th, 2018 at 2.85285
The short term trend has been DOWN since Apr 18th, 2018 at 2.86105
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).