Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Euro/Djibouti Franc (FOREX:EURDJF)

Strong Downtrend (-100) - EURDJF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURDJF continues to fall. Traders should use caution and set stops.

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
190.17 190.17 190.17 190.17 0.00
Entry Signal

MarketClub’s Trade Triangles for EURDJF

long term down The long-term trend has been DOWN since Apr 14th, 2024 at 190.65

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 192.61

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 193.65

Smart Scan Analysis for EURDJF

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

-100
Smart Scan Analysis for EURDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
190.17 190.17 190.17 190.17 0.00
Prev. Close Volume Bid Ask Time
190.17 2024-06-21 21:58:40
Get a free daily analysis and signals for Euro/Djibouti Franc (EURDJF) - Request Your Free Report.