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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Djibouti Franc/British Pound (FOREX:DJFGBP)

Crossroads (-60) - DJFGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_DJFGBP
Open High Low DJFGBP Price Change
0.0046317 0.0046317 0.0046317 0.0046317 0.0000000
Entry Signal

MarketClub’s Trade Triangles for DJFGBP

long term up The long-term trend has been UP since Mar 8th, 2023 at 0.00470878

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.00463570

short term down The short-term trend has been DOWN since Mar 17th, 2023 at 0.00468101

Smart Scan Analysis for DJFGBP

Based on our trend formula, DJFGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DJFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0046317 0.0046317 0.0046317 0.0046317 0.0000000
Prev. Close Volume Bid Ask Time
0.0046317 2023-03-18 03:55:53
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