Forex Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
Djibouti Franc/British Pound (FOREX:DJFGBP)
Sidelines Mode (+55) - DJFGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for DJFGBP
The long-term trend has been UP since Jul 19th, 2021 at 0.00408446
The intermediate-term trend has been DOWN since Sep 10th, 2021 at 0.00405477
The short-term trend has been UP since Sep 13th, 2021 at 0.00406687
Smart Scan Analysis for DJFGBP
Based on our trend formula, DJFGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).