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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.
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MarketClub’s Trade Triangles for GBPDJF
The long-term trend has been DOWN since Mar 8th, 2023 at 212.48947
The intermediate-term trend has been UP since Mar 17th, 2023 at 215.83871
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).
| 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 |