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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Djibouti Franc/British Pound (FOREX:DJFGBP)

Crossroads (+60) - DJFGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00445017 0.00445033 0.00445017 0.00445033 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFGBP

long term down The long-term trend has been DOWN since Jun 9th, 2024 at 0.00438804

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2024 at 0.00442619

short term up The short-term trend has been UP since Jun 14th, 2024 at 0.00441408

Smart Scan Analysis for DJFGBP

Based on our trend formula, DJFGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DJFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00445017 0.00445033 0.00445017 0.00445033 0.00000000
Prev. Close Volume Bid Ask Time
0.00443819 2024-06-23 21:00:31
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