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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.
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MarketClub’s Trade Triangles for GBPDJF
The long-term trend has been DOWN since Nov 18th, 2024 at 225.75921
The intermediate-term trend has been UP since Dec 4th, 2024 at 225.51249
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).
| 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 |