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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Djibouti Franc/British Pound (FOREX:DJFGBP)

Countertrend Up (+85) - DJFGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00444961 0.00444961 0.00444961 0.00444961 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DJFGBP

long term up The long-term trend has been UP since Nov 18th, 2024 at 0.00443188

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2024 at 0.00428067

short term up The short-term trend has been UP since Oct 4th, 2024 at 0.00422871

Smart Scan Analysis for DJFGBP

Based on our trend formula, DJFGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for DJFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00444961 0.00444961 0.00444961 0.00444961 0.00000000
Prev. Close Volume Bid Ask Time
0.00444961 2024-11-18 07:25:24
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