Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

British Pound/Fijian Dollar (FOREX:GBPFJD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_GBPFJD
Open High Low GBPFJD Price Change
2.8293000 2.8480654 2.8268312 2.8422108 +0.0129110
Entry Signal

MarketClub’s Trade Triangles for GBPFJD

long term up The long term trend has been UP since Sep 19th, 2019 at 2.7527500

intermediate term up The intermediate term trend has been UP since Jan 23rd, 2020 at 2.8528827

short term down The short term trend has been DOWN since Jan 27th, 2020 at 2.8324314

Smart Scan Analysis for GBPFJD

Based on a pre-defined weighted trend formula for chart analysis, GBPFJD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for GBPFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8293000 2.8480654 2.8268312 2.8422108 +0.0129110
Prev. Close Volume Bid Ask Time
2.8293000 2.8267208 2.8577007 2020-01-28 21:22:59
Get a free daily report for British Pound/Fijian Dollar (GBPFJD) - Free Trend Analysis Report.