Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Djibouti Franc/British Pound (FOREX:DJFGBP)
Strong Downtrend (-100) - DJFGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DJFGBP continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for DJFGBP
The long-term trend has been DOWN since Dec 6th, 2023 at 0.00449776
The intermediate-term trend has been DOWN since Nov 12th, 2023 at 0.00460589
The short-term trend has been DOWN since Nov 12th, 2023 at 0.00460589
Smart Scan Analysis for DJFGBP
Based on our trend formula, DJFGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).