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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for EURDJF
The long-term trend has been DOWN since Nov 7th, 2024 at 191.92
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 196.37
The short-term trend has been DOWN since Oct 4th, 2024 at 198.71
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 187.73 | 187.73 | 187.73 | 187.73 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 187.73 | 2024-11-18 07:25:24 |