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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

Euro/Jamaican Dollar (FOREX:EURJMD)

Sidelines Mode (+55) - EURJMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_EURJMD
Open High Low EURJMD Price Change
167.52 167.52 167.52 167.52 0.00
Entry Signal

MarketClub’s Trade Triangles for EURJMD

long term up The long-term trend has been UP since Nov 23rd, 2023 at 169.67

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2023 at 163.91

short term down The short-term trend has been DOWN since Dec 6th, 2023 at 169.33

Smart Scan Analysis for EURJMD

Based on our trend formula, EURJMD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
167.52 167.52 167.52 167.52 0.00
Prev. Close Volume Bid Ask Time
167.52 2023-12-11 08:48:48
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