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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.

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FOREX_USDFJD
Open High Low USDFJD Price Change
2.1178 2.1178 2.1178 2.1178 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDFJD

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 2.19160

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2020 at 2.26765

short term down 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).

-100
Smart Scan Analysis for USDFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1178 2.1178 2.1178 2.1178 0.0000
Prev. Close Volume Bid Ask Time
2.1178 2.1066 2.1290 2020-08-08 17:45:52
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