Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Fijian Dollar/Tongan Pa'anga (FOREX:FJDTOP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 FJDTOP
The long term trend has been UP since Apr 1st, 2019 at 1.11430
The intermediate term trend has been UP since Aug 22nd, 2019 at 1.12205
The short term trend has been UP since Aug 22nd, 2019 at 1.12205
Smart Scan Analysis for FJDTOP
Based on a pre-defined weighted trend formula for chart analysis, FJDTOP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).