Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

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
0.0049559 0.0049559 0.0049559 0.0049559 0.0000000
Entry Signal

MarketClub’s Trade Triangles for DJFEUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.00477205

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2021 at 0.00498358

short term down The short-term trend has been DOWN since Jan 3rd, 2022 at 0.00495910

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
0.0049559 0.0049559 0.0049559 0.0049559 0.0000000
Prev. Close Volume Bid Ask Time
0.0049559 2022-01-20 21:08:22
Get a free daily analysis and signals for Djibouti Franc/Euro (DJFEUR) - Request Your Free Report.