Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
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 Feb 3rd, 2020 at 2.19765
The intermediate-term trend has been DOWN since Apr 15th, 2020 at 2.26765
The short-term trend has been UP since May 18th, 2020 at 2.25895
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).