Forex Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Fijian Dollar/US Dollar (FOREX:FJDUSD)
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 FJDUSD
The long term trend has been DOWN since Apr 10th, 2019 at 0.465000
The intermediate term trend has been UP since Jun 26th, 2019 at 0.467595
The short term trend has been UP since Jul 11th, 2019 at 0.466805
Smart Scan Analysis for FJDUSD
Based on a pre-defined weighted trend formula for chart analysis, FJDUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).