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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Djibouti Franc/Euro (FOREX:DJFEUR)

Weak Downtrend (-65) - DJFEUR is showing signs of a strengthening downtrend. Monitor DJFEUR as it may be building momentum to the downside.

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
0.00521147 0.00521147 0.00521147 0.00521147 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFEUR

long term up The long-term trend has been UP since Oct 6th, 2023 at 0.00525172

intermediate term down The intermediate-term trend has been DOWN since Oct 24th, 2023 at 0.00529232

short term down The short-term trend has been DOWN since Oct 24th, 2023 at 0.00529232

Smart Scan Analysis for DJFEUR

Based on our trend formula, DJFEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DJFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00521147 0.00521147 0.00521147 0.00521147 0.00000000
Prev. Close Volume Bid Ask Time
0.00521147 2023-12-08 22:32:22
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