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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Djibouti Franc (FOREX:EURDJF)
Long-Term Downtrend (-90) - EURDJF is in a strong downtrend that is likely to continue. While EURDJF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Dec 15th, 2024 at 187.07
The short-term trend has been DOWN since Dec 15th, 2024 at 187.07
Smart Scan Analysis for EURDJF
Based on our trend formula, EURDJF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 185.11 | 185.11 | 185.11 | 185.11 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 185.11 | 2024-12-24 21:00:04 |