Forex Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
/Fijian Dollar (FOREX:TOPFJD)
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 TOPFJD
The long term trend has been UP since Oct 16th, 2018 at 0.8903
The intermediate term trend has been DOWN since Jan 8th, 2019 at 0.8985
The short term trend has been DOWN since Dec 28th, 2018 at 0.8987
Smart Scan Analysis for TOPFJD
Based on a pre-defined weighted trend formula for chart analysis, TOPFJD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).