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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

US Dollar/Jamaican Dollar (FOREX:USDJMD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_USDJMD
Open High Low USDJMD Price Change
128.295 128.295 128.295 128.295 0.000
Entry Signal

MarketClub’s Trade Triangles for USDJMD

long term down The long term trend has been DOWN since Oct 28th, 2018 at 129.255

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2018 at 127.095

short term up The short term trend has been UP since Nov 26th, 2018 at 126.340

Smart Scan Analysis for USDJMD

Based on a pre-defined weighted trend formula for chart analysis, USDJMD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.295 128.295 128.295 128.295 0.000
Prev. Close Volume Bid Ask Time
128.295 126.700 129.890 2018-12-16 20:53:59
Want to analyze US Dollar/Jamaican Dollar USDJMD or another symbol? Try our Free Forex Trend Analysis Report.