Forex Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Euro/Jamaican Dollar (FOREX:EURJMD)
Crossroads (-60) - EURJMD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Mar 24th, 2021 at 173.509
The intermediate-term trend has been UP since Apr 16th, 2021 at 174.035
The short-term trend has been UP since Apr 8th, 2021 at 173.706
Smart Scan Analysis for EURJMD
Based on our trend formula, EURJMD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).