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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

US Dollar/Fijian Dollar (FOREX:USDFJD)

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.

FOREX_USDFJD
Open High Low USDFJD Price Change
2.14045 2.15105 2.14045 2.15105 +0.01060
Entry Signal

MarketClub’s Trade Triangles for USDFJD

long term up The long term trend has been UP since Jun 19th, 2018 at 2.09690

intermediate term up The intermediate term trend has been UP since Aug 9th, 2018 at 2.11195

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 2.13680

Smart Scan Analysis for USDFJD

Based on a pre-defined weighted trend formula for chart analysis, USDFJD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for USDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.14045 2.15105 2.14045 2.15105 +0.01060
Prev. Close Volume Bid Ask Time
2.14045 2.13950 2.16260 2018-10-24 01:08:44
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