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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

US Dollar/Fijian Dollar (FOREX:USDFJD)

Crossroads (-60) - USDFJD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDFJD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDFJD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDFJD
Open High Low USDFJD Price Change
2.22325 2.22720 2.22325 2.22670 +0.00345
Entry Signal

MarketClub’s Trade Triangles for USDFJD

long term up The long-term trend has been UP since Sep 5th, 2023 at 2.29630

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 2.25740

short term down The short-term trend has been DOWN since Nov 14th, 2023 at 2.27695

Smart Scan Analysis for USDFJD

Based on our trend formula, USDFJD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.22325 2.22720 2.22325 2.22670 +0.00345
Prev. Close Volume Bid Ask Time
2.22325 2023-11-29 03:45:07
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