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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Djibouti Franc/Euro (FOREX:DJFEUR)

Crossroads (-60) - DJFEUR 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 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
0.00528673 0.00528673 0.00528673 0.00528673 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFEUR

long term down The long-term trend has been DOWN since Nov 23rd, 2022 at 0.00548790

intermediate term up The intermediate-term trend has been UP since Feb 6th, 2023 at 0.00519684

short term up The short-term trend has been UP since Mar 8th, 2023 at 0.00529429

Smart Scan Analysis for DJFEUR

Based on our trend formula, DJFEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DJFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00528673 0.00528673 0.00528673 0.00528673 0.00000000
Prev. Close Volume Bid Ask Time
0.00528673 2023-03-18 03:55:53
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