Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Tongan Pa'anga/Fijian Dollar (FOREX:TOPFJD)
Long-Term Downtrend (-90) - TOPFJD is in a strong downtrend that is likely to continue. While TOPFJD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TOPFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TOPFJD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TOPFJD
The long-term trend has been DOWN since Jul 8th, 2020 at 0.91215
The intermediate-term trend has been DOWN since Dec 20th, 2020 at 0.87625
The short-term trend has been DOWN since Dec 20th, 2020 at 0.87625
Smart Scan Analysis for TOPFJD
Based on our trend formula, TOPFJD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).