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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

Euro/Djibouti Franc (FOREX:EURDJF)

Countertrend Up (+85) - EURDJF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
208.96 208.96 208.96 208.96 0.00
Entry Signal

MarketClub’s Trade Triangles for EURDJF

long term up The long-term trend has been UP since Jul 13th, 2020 at 201.67

intermediate term up The intermediate-term trend has been UP since Jul 13th, 2020 at 201.30

short term up The short-term trend has been UP since Jul 2nd, 2020 at 199.86

Smart Scan Analysis for EURDJF

Based on our trend formula, EURDJF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
208.96 208.96 208.96 208.96 0.00
Prev. Close Volume Bid Ask Time
210.96 204.46 213.46 2020-07-29 04:35:24
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