Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
British Pound/Fijian Dollar (FOREX:GBPFJD)
Bear Market Rally (-75) - GBPFJD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPFJD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPFJD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPFJD
The long-term trend has been DOWN since Sep 20th, 2021 at 2.8171882
The intermediate-term trend has been UP since Oct 15th, 2021 at 2.8856261
The short-term trend has been DOWN since Oct 21st, 2021 at 2.8568861
Smart Scan Analysis for GBPFJD
Based on our trend formula, GBPFJD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).