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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

British Pound/Jamaican Dollar (FOREX:GBPJMD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_GBPJMD
Open High Low GBPJMD Price Change
167.15 167.15 167.15 167.15 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term down The long term trend has been DOWN since Oct 21st, 2018 at 170.66

intermediate term up The intermediate term trend has been UP since Dec 20th, 2018 at 162.59

short term up The short term trend has been UP since Jan 7th, 2019 at 162.36

Smart Scan Analysis for GBPJMD

Based on a pre-defined weighted trend formula for chart analysis, GBPJMD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
167.15 167.15 167.15 167.15 0.00
Prev. Close Volume Bid Ask Time
167.15 165.13 169.17 2019-01-14 20:59:14
Want to analyze British Pound/Jamaican Dollar GBPJMD or another symbol? Try our Free Forex Trend Analysis Report.