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.
MarketClub’s Trade Triangles for USDFJD
The long-term trend has been UP since Sep 5th, 2023 at 2.29630
The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 2.25740
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).