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Forex Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

Djibouti Franc/British Pound (FOREX:DJFGBP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_DJFGBP
Open High Low DJFGBP Price Change
0.00436697 0.00437304 0.00436697 0.00437304 +0.00000600
Entry Signal

MarketClub’s Trade Triangles for DJFGBP

long term down The long term trend has been DOWN since Oct 17th, 2019 at 0.004429

intermediate term down The intermediate term trend has been DOWN since Oct 13th, 2019 at 0.004497

short term down The short term trend has been DOWN since Oct 13th, 2019 at 0.004555

Smart Scan Analysis for DJFGBP

Based on a pre-defined weighted trend formula for chart analysis, DJFGBP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for DJFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00436697 0.00437304 0.00436697 0.00437304 +0.00000600
Prev. Close Volume Bid Ask Time
0.00436697 0.00427357 0.00447251 2019-10-17 20:06:23
Want to analyze Djibouti Franc/British Pound DJFGBP or another symbol? Try our Free Forex Trend Analysis Report.