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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Euro/Jamaican Dollar (FOREX:EURJMD)

Countertrend Up (+85) - EURJMD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
175.378 175.378 175.378 175.378 0.000
Entry Signal

MarketClub’s Trade Triangles for EURJMD

long term up The long-term trend has been UP since May 4th, 2020 at 154.548

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2020 at 173.095

short term up The short-term trend has been UP since Nov 11th, 2020 at 171.886

Smart Scan Analysis for EURJMD

Based on our trend formula, EURJMD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
175.378 175.378 175.378 175.378 0.000
Prev. Close Volume Bid Ask Time
175.378 2020-11-23 21:07:08
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