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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Euro/Djibouti Franc (FOREX:EURDJF)
Countertrend Down (-85) - EURDJF 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 EURDJF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURDJF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURDJF
The long-term trend has been DOWN since Apr 14th, 2024 at 190.65
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 193.32
The short-term trend has been UP since Apr 18th, 2024 at 189.59
Smart Scan Analysis for EURDJF
Based on our trend formula, EURDJF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 190.11 | 190.11 | 190.11 | 190.11 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 189.60 | 2024-04-18 21:07:18 |