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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Euro/Djibouti Franc (FOREX:EURDJF)

Bear Market Rally (-75) - EURDJF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURDJF as it may be in the beginning of a reversal.

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
190.33 190.33 190.33 190.33 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 Mar 28th, 2024 at 193.32

short term up The short-term trend has been UP since Apr 18th, 2024 at 189.59

Smart Scan Analysis for EURDJF

Based on our trend formula, EURDJF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
190.33 190.33 190.33 190.33 0.00
Prev. Close Volume Bid Ask Time
190.98 2024-04-24 21:01:05
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