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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Djibouti Franc/US Dollar (FOREX:DJFUSD)

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

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

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

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

FOREX_DJFUSD
Open High Low DJFUSD Price Change
0.00562544 0.00562544 0.00562544 0.00562544 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFUSD

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 0.00558499

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 0.00561382

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 0.00561637

Smart Scan Analysis for DJFUSD

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

-70
Smart Scan Analysis for DJFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00562544 0.00562544 0.00562544 0.00562544 0.00000000
Prev. Close Volume Bid Ask Time
0.00562544 2024-04-23 07:26:27
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