Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Euro/Fijian Dollar (FOREX:EURFJD)
Sidelines Mode (-55) - EURFJD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Sep 27th, 2023 at 2.3818
The intermediate-term trend has been UP since Oct 23rd, 2023 at 2.4356
The short-term trend has been DOWN since Nov 20th, 2023 at 2.4678
Smart Scan Analysis for EURFJD
Based on our trend formula, EURFJD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).