Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
US Dollar/Fijian Dollar (FOREX:USDFJD)
Countertrend Down (-85) - USDFJD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Jun 2nd, 2020 at 2.19160
The intermediate-term trend has been DOWN since Feb 12th, 2021 at 2.02355
The short-term trend has been UP since Feb 23rd, 2021 at 2.03425
Smart Scan Analysis for USDFJD
Based on our trend formula, USDFJD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).