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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

US Dollar/Djibouti Franc (FOREX:USDDJF)

Weak Downtrend (-65) - USDDJF is showing signs of a strengthening downtrend. Monitor USDDJF as it may be building momentum to the downside.

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
177.62857 177.62857 177.62857 177.62857 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDDJF

long term up The long-term trend has been UP since Apr 10th, 2024 at 179.1499

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 177.7200

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 177.7200

Smart Scan Analysis for USDDJF

Based on our trend formula, USDDJF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
177.62857 177.62857 177.62857 177.62857 0.00000
Prev. Close Volume Bid Ask Time
177.62857 2024-06-15 17:06:47
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