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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Djibouti Franc/US Dollar (FOREX:DJFUSD)
Countertrend Down (-85) - DJFUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DJFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJFUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJFUSD
The long-term trend has been DOWN since Apr 10th, 2024 at 0.00558499
The intermediate-term trend has been DOWN since Sep 15th, 2024 at 0.00561532
The short-term trend has been UP since Oct 15th, 2024 at 0.00561854
Smart Scan Analysis for DJFUSD
Based on our trend formula, DJFUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00562 | 0.00562 | 0.00562 | 0.00562 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00561 | 2024-10-24 13:06:10 |