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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

US Dollar/Fijian Dollar (FOREX:USDFJD)

Weak Uptrend (+65) - USDFJD is showing signs of weakening momentum to the upside. Monitor 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.

FOREX_USDFJD
Open High Low USDFJD Price Change
2.26250 2.26250 2.24275 2.26050 -0.00200
Entry Signal

MarketClub’s Trade Triangles for USDFJD

long term up The long-term trend has been UP since Sep 5th, 2023 at 2.29630

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2024 at 2.25230

short term up The short-term trend has been UP since Jun 17th, 2024 at 2.24275

Smart Scan Analysis for USDFJD

Based on our trend formula, USDFJD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.26250 2.26250 2.24275 2.26050 -0.00200
Prev. Close Volume Bid Ask Time
2.26250 2024-06-21 17:47:54
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