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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.

FOREX_EURDJF
Open High Low EURDJF Price Change
186.73 186.73 186.73 186.73 0.00
Entry Signal

MarketClub’s Trade Triangles for EURDJF

long term down The long-term trend has been DOWN since Nov 7th, 2024 at 191.92

intermediate term up The intermediate-term trend has been UP since Jan 24th, 2025 at 185.44

short term up 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).

+50
Smart Scan Analysis for EURDJF
Strong Downtrend Sideways 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
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