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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

Jamaican Dollar/Euro (FOREX:JMDEUR)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_JMDEUR
Open High Low JMDEUR Price Change
0.006459 0.006459 0.006459 0.006459 0.000000
Entry Signal

MarketClub’s Trade Triangles for JMDEUR

long term down The long term trend has been DOWN since Jul 25th, 2018 at 0.006485

intermediate term up The intermediate term trend has been UP since Oct 4th, 2018 at 0.006297

short term up The short term trend has been UP since Oct 4th, 2018 at 0.006282

Smart Scan Analysis for JMDEUR

Based on a pre-defined weighted trend formula for chart analysis, JMDEUR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for JMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006459 0.006459 0.006459 0.006459 0.000000
Prev. Close Volume Bid Ask Time
0.006459 0.006384 0.006534 2018-10-04 13:47:49
Want to analyze Jamaican Dollar/Euro JMDEUR or another symbol? Try our Free Forex Trend Analysis Report.