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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Australian Dollar/Fijian Dollar (FOREX:AUDFJD)

Long-Term Downtrend (-90) - AUDFJD is in a strong downtrend that is likely to continue. While AUDFJD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid AUDFJD?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDFJD.

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FOREX_AUDFJD
Open High Low AUDFJD Price Change
1.4469873 1.4478926 1.4459797 1.4473012 +0.0003140
Entry Signal

MarketClub’s Trade Triangles for AUDFJD

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 1.4685624

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 1.4936465

short term down The short-term trend has been DOWN since Dec 16th, 2024 at 1.4751289

Smart Scan Analysis for AUDFJD

Based on our trend formula, AUDFJD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AUDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4469873 1.4478926 1.4459797 1.4473012 +0.0003140
Prev. Close Volume Bid Ask Time
1.4449825 2024-12-24 17:13:35
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