Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
Fijian Dollar/British Pound (FOREX:FJDGBP)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FJDGBP
The long term trend has been DOWN since Sep 19th, 2019 at 0.36328
The intermediate term trend has been DOWN since Aug 20th, 2019 at 0.37601
The short term trend has been DOWN since Sep 13th, 2019 at 0.37091
Smart Scan Analysis for FJDGBP
Based on a pre-defined weighted trend formula for chart analysis, FJDGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).