Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
US Dollar/Djibouti Franc (FOREX:USDDJF)
Strong Uptrend (+100) - USDDJF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDDJF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for USDDJF
The long-term trend has been UP since Dec 22nd, 2020 at 178.94644
The intermediate-term trend has been UP since Feb 16th, 2021 at 178.32463
The short-term trend has been UP since Feb 15th, 2021 at 178.05481
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).