Forex Trend Analysis Report
Prepared for you on Tuesday, July 7, 2020.
Euro/Fijian Dollar (FOREX:EURFJD)
Sidelines Mode (-55) - EURFJD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Feb 27th, 2020 at 2.4336
The intermediate-term trend has been DOWN since Jun 8th, 2020 at 2.4211
The short-term trend has been UP since Jul 6th, 2020 at 2.4505
Smart Scan Analysis for EURFJD
Based on our trend formula, EURFJD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).