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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

Djibouti Franc/Euro (FOREX:DJFEUR)

Bear Market Rally (-75) - DJFEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJFEUR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid DJFEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJFEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DJFEUR
Open High Low DJFEUR Price Change
0.00518202 0.00518202 0.00518202 0.00518202 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFEUR

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 0.00516088

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00520279

short term up The short-term trend has been UP since Jul 21st, 2024 at 0.00515582

Smart Scan Analysis for DJFEUR

Based on our trend formula, DJFEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DJFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00518202 0.00518202 0.00518202 0.00518202 0.00000000
Prev. Close Volume Bid Ask Time
0.00518202 2024-07-24 21:07:16
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