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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Euro/Jamaican Dollar (FOREX:EURJMD)

Sidelines Mode (+50) - EURJMD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURJMD can gain momentum.

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
177.96 177.96 177.96 177.96 0.00
Entry Signal

MarketClub’s Trade Triangles for EURJMD

long term down The long-term trend has been DOWN since Sep 13th, 2021 at 176.432

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 173.012

short term up The short-term trend has been UP since Oct 18th, 2021 at 173.012

Smart Scan Analysis for EURJMD

Based on our trend formula, EURJMD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
177.96 177.96 177.96 177.96 0.00
Prev. Close Volume Bid Ask Time
177.96 2021-10-23 18:35:19
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