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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Euro/Fijian Dollar (FOREX:EURFJD)

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_EURFJD
Open High Low EURFJD Price Change
2.4109 2.4267 2.4080 2.4131 +0.0022
Entry Signal

MarketClub’s Trade Triangles for EURFJD

long term down The long term trend has been DOWN since Jul 23rd, 2019 at 2.3769

intermediate term up The intermediate term trend has been UP since Aug 5th, 2019 at 2.4178

short term down The short term trend has been DOWN since Aug 12th, 2019 at 2.4226

Smart Scan Analysis for EURFJD

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

-65
Smart Scan Analysis for EURFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4109 2.4267 2.4080 2.4131 +0.0022
Prev. Close Volume Bid Ask Time
2.4109 2.4006 2.4256 2019-08-19 19:37:57
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