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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

British Pound/Djibouti Franc (FOREX:GBPDJF)

Weak Downtrend (-65) - GBPDJF is showing signs of a strengthening downtrend. Monitor GBPDJF as it may be building momentum to the downside.

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
246.39769 246.39769 246.39769 246.39769 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 down The intermediate-term trend has been DOWN since Mar 7th, 2021 at 246.85462

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 248.39935

Smart Scan Analysis for GBPDJF

Based on our trend formula, GBPDJF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
246.39769 246.39769 246.39769 246.39769 0.00000
Prev. Close Volume Bid Ask Time
246.39769 2021-03-08 07:19:12
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