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Forex Trend Analysis Report

Prepared for you on Saturday, January 29, 2022.

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.

FOREX_GBPDJF
Open High Low GBPDJF Price Change
238.23 238.23 238.23 238.23 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPDJF

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 244.94290

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2022 at 240.60365

short term down The short-term trend has been DOWN since Jan 23rd, 2022 at 242.51161

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).

-100
Smart Scan Analysis for GBPDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
238.23 238.23 238.23 238.23 0.00
Prev. Close Volume Bid Ask Time
238.23 2022-01-27 07:08:15
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