Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Djibouti Franc/British Pound (FOREX:DJFGBP)

Weak Uptrend (+65) - DJFGBP is showing signs of weakening momentum to the upside. Monitor DJFGBP as it may be in the beginning stages of a reversal.

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

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

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

FOREX_DJFGBP
Open High Low DJFGBP Price Change
0.00449611 0.00449611 0.00449611 0.00449611 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFGBP

long term up The long-term trend has been UP since Apr 14th, 2024 at 0.00448194

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00442499

short term down The short-term trend has been DOWN since Apr 29th, 2024 at 0.00451503

Smart Scan Analysis for DJFGBP

Based on our trend formula, DJFGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for DJFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00449611 0.00449611 0.00449611 0.00449611 0.00000000
Prev. Close Volume Bid Ask Time
0.00449611 2024-05-08 21:02:49
Get a free daily analysis and signals for Djibouti Franc/British Pound (DJFGBP) - Request Your Free Report.