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Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

Tongan Pa'anga/Fijian Dollar (FOREX:TOPFJD)

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.

FOREX_TOPFJD
Open High Low TOPFJD Price Change
0.8983 0.8983 0.8983 0.8983 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPFJD

long term down The long term trend has been DOWN since Jan 6th, 2020 at 0.88715

intermediate term up The intermediate term trend has been UP since Jan 7th, 2020 at 0.90055

short term down The short term trend has been DOWN since Jan 20th, 2020 at 0.90005

Smart Scan Analysis for TOPFJD

Based on a pre-defined weighted trend formula for chart analysis, TOPFJD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for TOPFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8983 0.8983 0.8983 0.8983 0.0000
Prev. Close Volume Bid Ask Time
0.8973 0.8854 0.9112 2020-01-20 23:13:29
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