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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.

FOREX_DJFGBP
Open High Low DJFGBP Price Change
0.00466593 0.00466593 0.00466593 0.00466593 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFGBP

long term down The long-term trend has been DOWN since Dec 8th, 2022 at 0.00463506

intermediate term up The intermediate-term trend has been UP since Feb 6th, 2023 at 0.00456401

short term up 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).

+50
Smart Scan Analysis for DJFGBP
Strong Downtrend Sideways 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
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