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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Djibouti Franc/US Dollar (FOREX:DJFUSD)
Bear Market Rally (-75) - DJFUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJFUSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DJFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJFUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJFUSD
The long-term trend has been DOWN since Apr 10th, 2024 at 0.00558499
The intermediate-term trend has been UP since May 1st, 2024 at 0.00563408
The short-term trend has been DOWN since May 2nd, 2024 at 0.00561774
Smart Scan Analysis for DJFUSD
Based on our trend formula, DJFUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00562000 | 0.00562000 | 0.00561566 | 0.00561566 | -0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00562000 | 2024-05-08 21:02:49 |