Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
US Dollar/Fijian Dollar (FOREX:USDFJD)
Long-Term Uptrend (+90) - USDFJD is in a strong uptrend that is likely to continue. While USDFJD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid USDFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDFJD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDFJD
The long-term trend has been UP since Nov 29th, 2021 at 2.1275
The intermediate-term trend has been UP since Nov 10th, 2021 at 2.0900
The short-term trend has been UP since Nov 9th, 2021 at 2.0847
Smart Scan Analysis for USDFJD
Based on our trend formula, USDFJD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).