Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Djibouti Franc/US Dollar (FOREX:DJFUSD)
Bear Market Rally (-75) - DJFUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJFUSD as it may be in the beginning 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 DOWN since Dec 22nd, 2020 at 0.00559079
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00561025
The short-term trend has been DOWN since Feb 15th, 2021 at 0.00561870
Smart Scan Analysis for DJFUSD
Based on our trend formula, DJFUSD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).