Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Djibouti Franc (FOREX:EURDJF)
Crossroads (-60) - EURDJF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURDJF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURDJF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURDJF
The long-term trend has been DOWN since Apr 14th, 2024 at 190.65
The intermediate-term trend has been UP since May 7th, 2024 at 190.85
The short-term trend has been UP since Apr 18th, 2024 at 189.59
Smart Scan Analysis for EURDJF
Based on our trend formula, EURDJF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 191.16 | 191.16 | 191.16 | 191.16 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 191.16 | 2024-05-09 07:26:28 |