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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

British Pound/Djibouti Franc (FOREX:GBPDJF)

Crossroads (-60) - GBPDJF 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 GBPDJF?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPDJF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPDJF
Open High Low GBPDJF Price Change
227.31225 227.31225 227.31225 227.31225 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPDJF

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 225.75921

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2024 at 225.51249

short term up The short-term trend has been UP since Dec 6th, 2024 at 225.94087

Smart Scan Analysis for GBPDJF

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

-60
Smart Scan Analysis for GBPDJF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
227.31225 227.31225 227.31225 227.31225 0.00000
Prev. Close Volume Bid Ask Time
227.13537 2024-12-09 18:36:58
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