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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

US Dollar/Fijian Dollar (FOREX:USDFJD)

Sidelines Mode (+55) - USDFJD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
2.25995 2.25995 2.25895 2.25945 -0.00050
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 up The intermediate-term trend has been UP since Apr 18th, 2024 at 2.28200

short term down The short-term trend has been DOWN since Apr 26th, 2024 at 2.27735

Smart Scan Analysis for USDFJD

Based on our trend formula, USDFJD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.25995 2.25995 2.25895 2.25945 -0.00050
Prev. Close Volume Bid Ask Time
2.25995 2024-04-26 05:52:02
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