Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Euro/Fijian Dollar (FOREX:EURFJD)
Countertrend Down (-85) - EURFJD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Jul 5th, 2021 at 2.4181
The intermediate-term trend has been DOWN since Sep 24th, 2021 at 2.4479
The short-term trend has been UP since Oct 4th, 2021 at 2.4614
Smart Scan Analysis for EURFJD
Based on our trend formula, EURFJD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).