Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
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.
MarketClub’s Trade Triangles for USDFJD
The long-term trend has been UP since Mar 7th, 2023 at 2.23820
The intermediate-term trend has been UP since Feb 15th, 2023 at 2.20270
The short-term trend has been DOWN since Mar 13th, 2023 at 2.23125
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).