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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Euro/Jamaican Dollar (FOREX:EURJMD)

Bear Market Rally (-75) - EURJMD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURJMD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ?

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.

FOREX_EURJMD
Open High Low EURJMD Price Change
152.504 152.504 152.504 152.504 0.000
Entry Signal

MarketClub’s Trade Triangles for EURJMD

long term down The long-term trend has been DOWN since Dec 23rd, 2019 at 147.180

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2020 at 148.808

short term down The short-term trend has been DOWN since Feb 10th, 2020 at 154.019

Smart Scan Analysis for EURJMD

Based on our trend formula, EURJMD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
152.504 152.504 152.504 152.504 0.000
Prev. Close Volume Bid Ask Time
152.843 150.704 154.304 2020-02-11 07:14:58
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