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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Euro/Jamaican Dollar (FOREX:EURJMD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

FOREX_EURJMD
Open High Low EURJMD Price Change
148.150 148.255 148.150 148.210 +0.060
Entry Signal

MarketClub’s Trade Triangles for EURJMD

long term down The long term trend has been DOWN since Oct 21st, 2018 at 150.600

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2018 at 144.090

short term down The short term trend has been DOWN since Jan 15th, 2019 at 148.555

Smart Scan Analysis for EURJMD

Based on a pre-defined weighted trend formula for chart analysis, EURJMD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
148.150 148.255 148.150 148.210 +0.060
Prev. Close Volume Bid Ask Time
148.150 146.410 150.010 2019-01-18 03:20:55
Want to analyze Euro/Jamaican Dollar EURJMD or another symbol? Try our Free Forex Trend Analysis Report.