Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
Euro/Fijian Dollar (FOREX:EURFJD)
Long-Term Uptrend (+90) - EURFJD is in a strong uptrend that is likely to continue. While EURFJD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Feb 27th, 2020 at 2.4336
The intermediate-term trend has been UP since Jul 14th, 2020 at 2.4634
The short-term trend has been UP since Jul 30th, 2020 at 2.5110
Smart Scan Analysis for EURFJD
Based on our trend formula, EURFJD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).