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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

British Pound/Fijian Dollar (FOREX:GBPFJD)

Crossroads (-60) - GBPFJD is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_GBPFJD
Open High Low GBPFJD Price Change
2.6300888 2.6306591 2.6184460 2.6241447 -0.0059440
Entry Signal

MarketClub’s Trade Triangles for GBPFJD

long term up The long-term trend has been UP since Nov 23rd, 2022 at 2.7003401

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 2.6463883

short term down The short-term trend has been DOWN since Jan 24th, 2023 at 2.6620424

Smart Scan Analysis for GBPFJD

Based on our trend formula, GBPFJD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6300888 2.6306591 2.6184460 2.6241447 -0.0059440
Prev. Close Volume Bid Ask Time
2.6300888 2023-02-07 12:46:15
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