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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Djibouti Franc/Euro (FOREX:DJFEUR)

Sidelines Mode (+50) - DJFEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DJFEUR can gain momentum.

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
0.00519252 0.00519252 0.00519252 0.00519252 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFEUR

long term down The long-term trend has been DOWN since Dec 17th, 2023 at 0.00517156

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00517558

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.00515343

Smart Scan Analysis for DJFEUR

Based on our trend formula, DJFEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for DJFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00519252 0.00519252 0.00519252 0.00519252 0.00000000
Prev. Close Volume Bid Ask Time
0.00519252 2024-03-28 02:42:09
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