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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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
0.00521337 0.00521337 0.00521337 0.00521337 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 up The intermediate-term trend has been UP since Oct 9th, 2024 at 0.00509510

short term up The short-term trend has been UP since Oct 4th, 2024 at 0.00503504

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
0.00521337 0.00521337 0.00521337 0.00521337 0.00000000
Prev. Close Volume Bid Ask Time
0.00519090 2024-10-23 07:25:20
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