Forex Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
US Dollar/Fijian Dollar (FOREX:USDFJD)
Strong Downtrend (-100) - USDFJD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jun 2nd, 2020 at 2.19160
The intermediate-term trend has been DOWN since Apr 15th, 2020 at 2.26765
The short-term trend has been DOWN since Aug 6th, 2020 at 2.12275
Smart Scan Analysis for USDFJD
Based on our trend formula, USDFJD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).