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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Djibouti Franc (FOREX:GBPDJF)
Strong Downtrend (-100) - GBPDJF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPDJF continues to fall. Traders should use caution and set stops.
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 Nov 18th, 2024 at 225.75921
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 233.72981
The short-term trend has been DOWN since Oct 4th, 2024 at 236.60037
Smart Scan Analysis for GBPDJF
Based on our trend formula, GBPDJF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 224.86809 | 224.86809 | 224.86809 | 224.86809 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 224.86809 | 2024-11-18 07:25:24 |