Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Djibouti Franc/US Dollar (FOREX:DJFUSD)
Strong Downtrend (-100) - DJFUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DJFUSD continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for DJFUSD
The long-term trend has been DOWN since Oct 24th, 2023 at 0.00560694
The intermediate-term trend has been DOWN since Nov 23rd, 2023 at 0.00561605
The short-term trend has been DOWN since Nov 23rd, 2023 at 0.00561605
Smart Scan Analysis for DJFUSD
Based on our trend formula, DJFUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).