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Forex Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

Euro/Djibouti Franc (FOREX:EURDJF)

Sidelines Mode (+50) - EURDJF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURDJF can gain momentum.

Is it time to buy, sell, or avoid EURDJF?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURDJF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURDJF
Open High Low EURDJF Price Change
204.06 204.06 204.06 204.06 0.00
Entry Signal

MarketClub’s Trade Triangles for EURDJF

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 209.65

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2021 at 200.76

short term up The short-term trend has been UP since Jan 3rd, 2022 at 201.75

Smart Scan Analysis for EURDJF

Based on our trend formula, EURDJF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
204.06 204.06 204.06 204.06 0.00
Prev. Close Volume Bid Ask Time
204.06 2022-01-13 07:15:18
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