Forex Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Djibouti Franc/British Pound (FOREX:DJFGBP)
Strong Downtrend (-100) - DJFGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJFGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJFGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJFGBP
The long-term trend has been DOWN since Jul 27th, 2020 at 0.00441145
The intermediate-term trend has been DOWN since Jul 10th, 2020 at 0.00447343
The short-term trend has been DOWN since Jul 2nd, 2020 at 0.00452995
Smart Scan Analysis for DJFGBP
Based on our trend formula, DJFGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).