Forex Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
/Fijian Dollar (FOREX:TOPFJD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 TOPFJD
The long term trend has been UP since Oct 16th, 2018 at 0.8903
The intermediate term trend has been UP since Aug 7th, 2018 at 0.8882
The short term trend has been UP since Nov 13th, 2018 at 0.8948
Smart Scan Analysis for TOPFJD
Based on a pre-defined weighted trend formula for chart analysis, TOPFJD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).