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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

US Dollar/Djibouti Franc (FOREX:USDDJF)

Strong Downtrend (-100) - USDDJF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_USDDJF
Open High Low USDDJF Price Change
177.72 177.72 177.72 177.72 0.00
Entry Signal

MarketClub’s Trade Triangles for USDDJF

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for USDDJF

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

-100
Smart Scan Analysis for USDDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
177.72 177.72 177.72 177.72 0.00
Prev. Close Volume Bid Ask Time
177.72 177.72 177.72 2020-05-29 13:11:22
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