Forex Trend Analysis Report
Prepared for you on Saturday, December 5, 2020.
Djibouti Franc/US Dollar (FOREX:DJFUSD)
Bull Market Weakness (+75) - DJFUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJFUSD as it may be in the beginning stages of a reversal.
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 UP since Dec 1st, 2020 at 0.00563835
The intermediate-term trend has been UP since Dec 1st, 2020 at 0.00563835
The short-term trend has been UP since Dec 1st, 2020 at 0.00562479
Smart Scan Analysis for DJFUSD
Based on our trend formula, DJFUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).