Forex Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
British Pound/Fijian Dollar (FOREX:GBPFJD)
Sidelines Mode (-55) - GBPFJD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPFJD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPFJD
The long-term trend has been DOWN since Mar 13th, 2020 at 2.7809227
The intermediate-term trend has been UP since Jul 20th, 2020 at 2.7334838
The short-term trend has been DOWN since Aug 7th, 2020 at 2.7761430
Smart Scan Analysis for GBPFJD
Based on our trend formula, GBPFJD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).