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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.

FOREX_USDFJD
Open High Low USDFJD Price Change
2.215 2.215 2.215 2.215 0.000
Entry Signal

MarketClub’s Trade Triangles for USDFJD

long term up The long-term trend has been UP since Feb 3rd, 2020 at 2.19765

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2020 at 2.26765

short term up 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).

-55
Smart Scan Analysis for USDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.215 2.215 2.215 2.215 0.000
Prev. Close Volume Bid Ask Time
2.215 2.190 2.240 2020-05-29 13:54:28
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