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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
British Pound/Djibouti Franc (FOREX:GBPDJF)
Long-Term Downtrend (-90) - GBPDJF is in a strong downtrend that is likely to continue. While GBPDJF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPDJF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPDJF.
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 GBPDJF
The long-term trend has been DOWN since Apr 14th, 2024 at 223.24225
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 226.11187
The short-term trend has been DOWN since Apr 22nd, 2024 at 221.14577
Smart Scan Analysis for GBPDJF
Based on our trend formula, GBPDJF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 221.60642 | 221.60642 | 221.60642 | 221.60642 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 222.93016 | 2024-04-24 21:01:05 |