Friendz (FDZ): Does it Score Poorly on Long-Term Trading Metrics Wednesday?

Wednesday, February 09, 2022 05:26 PM | InvestorsObserver Analysts

Friendz receives a strong long-term technical score of 83 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, FDZ holds a superior long-term technical analysis score than 83% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Friendz a 83 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Friendz!

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Trading Analysis

Friendz's price is -$0.0000294 (-2.59%) below its 100-day moving average price of $0.001134457 as its price at the moment sits at $0.001105028. Additionally, FDZ is $0.0006853 (-2620406.60%) higher than its 52-week low price of $0.000419740 while -$0.00333938 (-224976.88%) under its 52-week high of $0.004444410. The current trading price in relation to its long-term average along with its 52-week high and low, gives FDZ a strong long-term technical score of 83. Long-term trading movement of Friendz suggest that investors are neutral on the token at the moment. Friendz has a total market value of $572,501.80 with an low average daily volume of $828,387.98 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, FDZ's volume is below its average with $119,791.89 exchanged in total.

Summary

Technical analysis of Friendz over the past year results in the crypto receiving a a strong long-term technical score of 83 as its price movement in that time has given traders reason to be neutral on the token in the long-term. Click Here to get the full Report on Friendz (FDZ).