Forex Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
Djibouti Franc/British Pound (FOREX:DJFGBP)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for DJFGBP
The long term trend has been UP since May 19th, 2019 at 0.004384
The intermediate term trend has been UP since Jul 2nd, 2019 at 0.004453
The short term trend has been UP since Jul 2nd, 2019 at 0.004430
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).