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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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
216.53 216.53 216.53 216.53 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 Feb 16th, 2021 at 216.42

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 215.53

Smart Scan Analysis for EURDJF

Based on our trend formula, EURDJF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
216.53 216.53 216.53 216.53 0.00
Prev. Close Volume Bid Ask Time
216.53 2021-02-24 07:23:17
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