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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Djibouti Franc (FOREX:USDDJF)
Countertrend Up (+85) - USDDJF 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 USDDJF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDDJF.
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 USDDJF
The long-term trend has been UP since Apr 10th, 2024 at 179.14990
The intermediate-term trend has been UP since Nov 8th, 2024 at 178.22469
The short-term trend has been UP since Nov 8th, 2024 at 178.22469
Smart Scan Analysis for USDDJF
Based on our trend formula, USDDJF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 177.90485 | 177.90485 | 177.90485 | 177.90485 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 177.79379 | 2024-12-24 21:00:04 |