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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/Fijian Dollar (FOREX:USDFJD)

Bull Market Weakness (+75) - USDFJD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDFJD as it may be in the beginning stages of a reversal.

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 2.25795 2.25895 -0.00100
Entry Signal

MarketClub’s Trade Triangles for USDFJD

long term down The long-term trend has been DOWN since Jul 12th, 2024 at 2.22225

intermediate term up The intermediate-term trend has been UP since Jul 23rd, 2024 at 2.26715

short term up The short-term trend has been UP since Jul 19th, 2024 at 2.23570

Smart Scan Analysis for USDFJD

Based on our trend formula, USDFJD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.25995 2.25995 2.25795 2.25895 -0.00100
Prev. Close Volume Bid Ask Time
2.25995 2024-07-26 14:00:16
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