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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
British Pound/Jamaican Dollar (FOREX:GBPJMD)
Bear Market Rally (-75) - GBPJMD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPJMD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPJMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPJMD.
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 GBPJMD
The long-term trend has been DOWN since Mar 28th, 2024 at 195.36524
The intermediate-term trend has been DOWN since Apr 14th, 2024 at 193.12205
The short-term trend has been UP since Apr 18th, 2024 at 193.14339
Smart Scan Analysis for GBPJMD
Based on our trend formula, GBPJMD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 193.80986 | 193.80986 | 193.80986 | 193.80986 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 193.80986 | 2024-04-20 01:08:56 |