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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
US Dollar/Djibouti Franc (FOREX:USDDJF)
Strong Uptrend (+100) - USDDJF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDDJF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDDJF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDDJF.
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 USDDJF
The long-term trend has been UP since Apr 10th, 2024 at 179.14990
The intermediate-term trend has been UP since Apr 9th, 2024 at 178.22986
The short-term trend has been UP since Apr 18th, 2024 at 178.15164
Smart Scan Analysis for USDDJF
Based on our trend formula, USDDJF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 178.03062 | 178.70000 | 177.72000 | 178.70000 | +0.66938 |
| Prev. Close | Volume | Bid | Ask | Time |
| 178.03062 | 2024-04-18 21:07:18 |