Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Euro/Fijian Dollar (FOREX:EURFJD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
MarketClub’s Trade Triangles for EURFJD
The long term trend has been DOWN since Nov 8th, 2018 at 2.4003
The intermediate term trend has been UP since Mar 20th, 2019 at 2.4315
The short term trend has been DOWN since Mar 21st, 2019 at 2.4047
Smart Scan Analysis for EURFJD
Based on a pre-defined weighted trend formula for chart analysis, EURFJD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).