Forex Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Euro/Fijian Dollar (FOREX:EURFJD)
Bear Market Rally (-75) - EURFJD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURFJD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURFJD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURFJD
The long-term trend has been DOWN since Nov 23rd, 2020 at 2.4634
The intermediate-term trend has been UP since Apr 7th, 2021 at 2.4495
The short-term trend has been DOWN since Apr 12th, 2021 at 2.4420
Smart Scan Analysis for EURFJD
Based on our trend formula, EURFJD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).