Wicketkeeper Farley made 90 and was top-scorer for Jersey again
Jersey comfortably beat their Channel Island rivals Guernsey by eight wickets to come third in European Division One.
Both teams lost their semi-finals on Saturday, but Jersey bounced-back strongest in the third/fourth place play-off.
Left-arm spinner Ben Stevens took 4-14 to restrict Guernsey to 158-8, with 37 from Ross Kneller.
Jersey opener Ed Farley smashed 90 from 45 balls as the hosts reached the target with 2.4 overs to spare.
Man-of-the-match Farley said: "We would dearly have loved to have been in the final of course, but it's nice to finally play well and show what we can do as a team.
"The nature of Twenty20 cricket is you go out, you hit the ball hard, and you try and hit it over the ropes.
"Sometimes it's not quite your day and sometimes it is."
In the final Denmark beat Italy by six wickets to clinch the title.
Both finalists will now go on to compete in the ICC World Twenty20 Global Qualifier in Dubai to fight for a place in the world finals.