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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

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.

FOREX_EURJMD
Open High Low EURJMD Price Change
155.921 155.921 155.921 155.921 0.000
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 Jul 27th, 2022 at 155.066

short term up The short-term trend has been UP since Jul 29th, 2022 at 155.465

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).

-60
Smart Scan Analysis for EURJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
155.921 155.921 155.921 155.921 0.000
Prev. Close Volume Bid Ask Time
154.892 2022-08-10 07:20:33
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