Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Euro/Jamaican Dollar (FOREX:EURJMD)
Strong Downtrend (-100) - EURJMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURJMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURJMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURJMD
The long-term trend has been DOWN since Dec 23rd, 2019 at 147.180
The intermediate-term trend has been DOWN since Mar 23rd, 2020 at 151.809
The short-term trend has been DOWN since Mar 23rd, 2020 at 150.690
Smart Scan Analysis for EURJMD
Based on our trend formula, EURJMD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).