Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Euro/Djibouti Franc (FOREX:EURDJF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURDJF
Open High Low EURDJF Price Change
197.71 197.71 197.71 197.71 0.00
Entry Signal

MarketClub’s Trade Triangles for EURDJF

long term up The long term trend has been UP since Dec 15th, 2019 at 198.76

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2020 at 197.49

short term down The short term trend has been DOWN since Jan 3rd, 2020 at 199.12

Smart Scan Analysis for EURDJF

Based on a pre-defined weighted trend formula for chart analysis, EURDJF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
197.71 197.71 197.71 197.71 0.00
Prev. Close Volume Bid Ask Time
197.71 193.21 202.21 2020-01-21 21:00:32
Get a free daily report for Euro/Djibouti Franc (EURDJF) - Free Trend Analysis Report.