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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Euro/Jamaican Dollar (FOREX:EURJMD)
Countertrend Down (-85) - EURJMD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURJMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURJMD.
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 EURJMD
The long-term trend has been DOWN since Mar 20th, 2024 at 167.39
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 165.41
The short-term trend has been UP since Apr 17th, 2024 at 165.07
Smart Scan Analysis for EURJMD
Based on our trend formula, EURJMD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 165.78 | 165.78 | 165.78 | 165.78 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 165.78 | 2024-04-23 21:01:41 |