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Forex Trend Analysis Report
Prepared for you on Friday, January 24, 2025.
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.
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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 UP since Jan 24th, 2025 at 185.44
The short-term trend has been UP since Jan 24th, 2025 at 183.51
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 186.73 | 186.73 | 186.73 | 186.73 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 186.73 | 2025-01-24 07:25:26 |