Forex Trend Analysis Report
Prepared for you on Saturday, January 28, 2023.
Fijian Dollar/British Pound (FOREX:FJDGBP)
Bear Market Rally (-75) - FJDGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FJDGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FJDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for FJDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FJDGBP
The long-term trend has been DOWN since Nov 23rd, 2022 at 0.37033514
The intermediate-term trend has been DOWN since Jan 19th, 2023 at 0.36941474
The short-term trend has been UP since Jan 24th, 2023 at 0.37566246
Smart Scan Analysis for FJDGBP
Based on our trend formula, FJDGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).