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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.

Open High Low USDFJD Price Change
2.21345 2.22920 2.20805 2.21245 -0.00100
Entry Signal

MarketClub’s Trade Triangles for USDFJD

long term up The long-term trend has been UP since Mar 7th, 2023 at 2.23820

intermediate term up The intermediate-term trend has been UP since Feb 15th, 2023 at 2.20270

short term down 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).

Smart Scan Analysis for USDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.21345 2.22920 2.20805 2.21245 -0.00100
Prev. Close Volume Bid Ask Time
2.21345 2023-03-20 21:52:36
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