Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Djibouti Franc (FOREX:GBPDJF)
Bull Market Weakness (+75) - GBPDJF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPDJF as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for GBPDJF
The long-term trend has been UP since Jun 9th, 2024 at 228.01398
The intermediate-term trend has been UP since Jul 7th, 2024 at 227.14227
The short-term trend has been DOWN since Jul 21st, 2024 at 230.98806
Smart Scan Analysis for GBPDJF
Based on our trend formula, GBPDJF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 229.13901 | 229.13901 | 229.12000 | 229.12000 | -0.01901 |
| Prev. Close | Volume | Bid | Ask | Time |
| 229.13901 | 2024-07-26 14:00:15 |