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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

British Pound/Djibouti Franc (FOREX:GBPDJF)

Countertrend Up (+85) - GBPDJF 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 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
237.47067 237.47067 237.47067 237.47067 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPDJF

long term up The long-term trend has been UP since Jul 27th, 2020 at 226.79555

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2020 at 230.19645

short term down The short-term trend has been DOWN since Dec 1st, 2020 at 237.25753

Smart Scan Analysis for GBPDJF

Based on our trend formula, GBPDJF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
237.47067 237.47067 237.47067 237.47067 0.00000
Prev. Close Volume Bid Ask Time
239.35309 2020-12-02 07:11:41
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