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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

US Dollar/Fijian Dollar (FOREX:USDFJD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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
2.1232 2.1232 2.1142 2.1142 -0.0090
Entry Signal

MarketClub’s Trade Triangles for USDFJD

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 2.10175

intermediate term down The intermediate term trend has been DOWN since Nov 1st, 2018 at 2.13045

short term up The short term trend has been UP since Dec 6th, 2018 at 2.11535

Smart Scan Analysis for USDFJD

Based on a pre-defined weighted trend formula for chart analysis, USDFJD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for USDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1232 2.1232 2.1142 2.1142 -0.0090
Prev. Close Volume Bid Ask Time
2.1232 2.1030 2.1254 2018-12-11 08:42:20
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