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Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2019.

Australian Dollar/Fijian Dollar (FOREX:AUDFJD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

Open High Low AUDFJD Price Change
1.49500 1.50435 1.49285 1.49470 -0.00030
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 down The intermediate term trend has been DOWN since Apr 24th, 2019 at 1.49915

short term up The short term trend has been UP since May 20th, 2019 at 1.50245

Smart Scan Analysis for AUDFJD

Based on a pre-defined weighted trend formula for chart analysis, AUDFJD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for AUDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.49500 1.50435 1.49285 1.49470 -0.00030
Prev. Close Volume Bid Ask Time
1.495 1.48660 1.50280 2019-05-20 12:20:58
Want to analyze Australian Dollar/Fijian Dollar AUDFJD or another symbol? Try our Free Forex Trend Analysis Report.