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Forex Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
Djibouti Franc/British Pound (FOREX:DJFGBP)
Sidelines Mode (+50) - DJFGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DJFGBP can gain momentum.
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.
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MarketClub’s Trade Triangles for DJFGBP
The long-term trend has been DOWN since Dec 8th, 2022 at 0.00463506
The intermediate-term trend has been UP since Feb 6th, 2023 at 0.00456401
The short-term trend has been UP since Feb 6th, 2023 at 0.00456401
Smart Scan Analysis for DJFGBP
Based on our trend formula, DJFGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00466593 | 0.00466593 | 0.00466593 | 0.00466593 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00466593 | 2023-02-06 07:18:13 |