Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
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.
MarketClub’s Trade Triangles for USDFJD
The long-term trend has been DOWN since Sep 20th, 2021 at 2.02805
The intermediate-term trend has been UP since Sep 28th, 2021 at 2.10500
The short-term trend has been UP since Oct 15th, 2021 at 2.10525
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).