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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Djibouti Franc/US Dollar (FOREX:DJFUSD)

Crossroads (-60) - DJFUSD 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 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
0.00562431 0.00562431 0.00562431 0.00562431 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 up The intermediate-term trend has been UP since Dec 15th, 2024 at 0.00562249

short term up The short-term trend has been UP since Dec 15th, 2024 at 0.00562000

Smart Scan Analysis for DJFUSD

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

-60
Smart Scan Analysis for DJFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00562431 0.00562431 0.00562431 0.00562431 0.00000000
Prev. Close Volume Bid Ask Time
0.00562782 2024-12-24 21:00:04
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