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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Fijian Dollar (FOREX:USDFJD)
Countertrend Up (+85) - USDFJD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for USDFJD
The long-term trend has been UP since Nov 12th, 2024 at 2.28060
The intermediate-term trend has been UP since Oct 14th, 2024 at 2.24370
The short-term trend has been DOWN since Nov 19th, 2024 at 2.26665
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.27125 | 2.29275 | 2.26250 | 2.26560 | -0.00565 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.26510 | 2024-11-19 22:56:34 |