Forex Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Fijian Dollar/Tongan Pa'anga (FOREX:FJDTOP)
Countertrend Up (+85) - FJDTOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FJDTOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for FJDTOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FJDTOP
The long-term trend has been UP since Aug 5th, 2020 at 1.10350
The intermediate-term trend has been UP since Jul 8th, 2020 at 1.09645
The short-term trend has been UP since Jul 21st, 2020 at 1.09850
Smart Scan Analysis for FJDTOP
Based on our trend formula, FJDTOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).