Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Djibouti Franc/US Dollar (FOREX:DJFUSD)
Weak Downtrend (-65) - DJFUSD is showing signs of a strengthening downtrend. Monitor DJFUSD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for DJFUSD
The long-term trend has been DOWN since Jun 13th, 2021 at 0.00560735
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.00560756
The short-term trend has been UP since Oct 20th, 2021 at 0.00562000
Smart Scan Analysis for DJFUSD
Based on our trend formula, DJFUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).