Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Djibouti Franc/Euro (FOREX:DJFEUR)

Countertrend Down (-85) - DJFEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.00517558 0.00517558 0.00517558 0.00517558 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFEUR

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 0.00516088

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00520279

short term up The short-term trend has been UP since Jul 21st, 2024 at 0.00515582

Smart Scan Analysis for DJFEUR

Based on our trend formula, DJFEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DJFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00517558 0.00517558 0.00517558 0.00517558 0.00000000
Prev. Close Volume Bid Ask Time
0.00517558 2024-07-26 14:00:15
Get a free daily analysis and signals for Djibouti Franc/Euro (DJFEUR) - Request Your Free Report.