Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
Djibouti Franc/British Pound (FOREX:DJFGBP)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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.
MarketClub’s Trade Triangles for DJFGBP
The long term trend has been DOWN since Feb 28th, 2019 at 0.004269
The intermediate term trend has been UP since Apr 18th, 2019 at 0.004313
The short term trend has been UP since Apr 8th, 2019 at 0.004307
Smart Scan Analysis for DJFGBP
Based on a pre-defined weighted trend formula for chart analysis, DJFGBP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).