Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
Euro/Fijian Dollar (FOREX:EURFJD)
Countertrend Down (-85) - EURFJD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURFJD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURFJD
The long-term trend has been DOWN since Mar 2nd, 2022 at 2.3607
The intermediate-term trend has been DOWN since Jul 5th, 2022 at 2.2791
The short-term trend has been UP since Aug 17th, 2022 at 2.2532
Smart Scan Analysis for EURFJD
Based on our trend formula, EURFJD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).