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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

US Dollar/Fijian Dollar (FOREX:USDFJD)

Countertrend Down (-85) - USDFJD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
2.00285 2.01575 2.00285 2.00850 +0.00565
Entry Signal

MarketClub’s Trade Triangles for USDFJD

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 2.19160

intermediate term down The intermediate-term trend has been DOWN since Feb 12th, 2021 at 2.02355

short term up The short-term trend has been UP since Feb 23rd, 2021 at 2.03425

Smart Scan Analysis for USDFJD

Based on our trend formula, USDFJD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for USDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.00285 2.01575 2.00285 2.00850 +0.00565
Prev. Close Volume Bid Ask Time
2.00285 2021-02-25 21:40:09
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