Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
British Pound/Fijian Dollar (FOREX:GBPFJD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 GBPFJD
The long term trend has been DOWN since Nov 15th, 2018 at 2.69025
The intermediate term trend has been DOWN since Feb 14th, 2019 at 2.71905
The short term trend has been UP since Feb 13th, 2019 at 2.76485
Smart Scan Analysis for GBPFJD
Based on a pre-defined weighted trend formula for chart analysis, GBPFJD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).