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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Jamaican Dollar/British Pound (FOREX:JMDGBP)

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_JMDGBP
Open High Low JMDGBP Price Change
0.005983 0.005983 0.005983 0.005983 0.000000
Entry Signal

MarketClub’s Trade Triangles for JMDGBP

long term up The long term trend has been UP since Oct 21st, 2018 at 0.005860

intermediate term down The intermediate term trend has been DOWN since Dec 20th, 2018 at 0.006151

short term down The short term trend has been DOWN since Jan 7th, 2019 at 0.006160

Smart Scan Analysis for JMDGBP

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

-60
Smart Scan Analysis for JMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.005983 0.005983 0.005983 0.005983 0.000000
Prev. Close Volume Bid Ask Time
0.005983 0.005911 0.006056 2019-01-14 20:59:14
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