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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Australian Dollar/Fijian Dollar (FOREX:AUDFJD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AUDFJD
Open High Low AUDFJD Price Change
1.50210 1.50250 1.49325 1.49735 -0.00475
Entry Signal

MarketClub’s Trade Triangles for AUDFJD

long term down The long term trend has been DOWN since Dec 21st, 2018 at 1.50645

intermediate term up The intermediate term trend has been UP since Jul 3rd, 2019 at 1.50830

short term down The short term trend has been DOWN since Jul 22nd, 2019 at 1.49375

Smart Scan Analysis for AUDFJD

Based on a pre-defined weighted trend formula for chart analysis, AUDFJD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for AUDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.50210 1.50250 1.49325 1.49735 -0.00475
Prev. Close Volume Bid Ask Time
1.50210 1.48770 1.50700 2019-07-23 05:26:30
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