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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

Djibouti Franc/Euro (FOREX:DJFEUR)

Crossroads (-60) - DJFEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DJFEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJFEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DJFEUR
Open High Low DJFEUR Price Change
0.00518148 0.00518148 0.00518148 0.00518148 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFEUR

long term up The long-term trend has been UP since Apr 14th, 2024 at 0.00524814

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 0.00524263

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 0.00527751

Smart Scan Analysis for DJFEUR

Based on our trend formula, DJFEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DJFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00518148 0.00518148 0.00518148 0.00518148 0.00000000
Prev. Close Volume Bid Ask Time
0.00518363 2024-05-23 21:01:22
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