In this study, we analyzed the optical observations of a subluminous Type Ia supernova (SN Ia) 2017fzw, which exhibited high photospheric velocity (HV) at B-band maximum light. The absolute B-band peak magnitude was determined to be M-max(B) = -18.65 +/- 0.13 mag, similar to 91bg-like SNe Ia. An estimation of the rate of decline for the B-band light curve was determined to be Delta(m15) ( B) = 1.60 +/- 0.06 mag. The spectra of SN 2017fzw were similar to those of 91bg-like SNe Ia, with prominent Ti II and Si II lambda 5972 features at early phases, gradually transitioning to spectra resembling normal (mainly HV subclass) SNe Ia at later phases, with a stronger Ca II NIR feature. Notably, throughout all phases of observation, SN 2017fzw displayed spectral evolution characteristics that were comparable to those of HV SNe Ia, and at peak brightness, the Si II lambda 6355 velocity was determined to be 13,800 +/- 415 km s(-1) and a more pronounced Ca II NIR feature was also detected. Based on these findings, we classify SN 2017fzw as a transitional object with properties of both normal and 91bg-like SNe Ia, providing support for the hypothesis of a continuous distribution of supernovae between these two groups.