Forex Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
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 UP since Aug 16th, 2023 at 2.9057784
The intermediate-term trend has been DOWN since Sep 11th, 2023 at 2.8329637
The short-term trend has been UP since Sep 29th, 2023 at 2.8039370
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).