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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

British Pound/Djibouti Franc (FOREX:GBPDJF)

Crossroads (-60) - GBPDJF 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 GBPDJF?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPDJF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPDJF
Open High Low GBPDJF Price Change
216.02557 216.02557 216.02557 216.02557 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPDJF

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 212.48947

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2023 at 215.83871

short term up The short-term trend has been UP since Mar 17th, 2023 at 213.74976

Smart Scan Analysis for GBPDJF

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

-60
Smart Scan Analysis for GBPDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
216.02557 216.02557 216.02557 216.02557 0.00000
Prev. Close Volume Bid Ask Time
216.02557 2023-03-18 03:55:53
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