Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Euro/Jamaican Dollar (FOREX:EURJMD)
Long-Term Uptrend (+90) - EURJMD is in a strong uptrend that is likely to continue. While EURJMD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
MarketClub’s Trade Triangles for EURJMD
The long-term trend has been UP since May 4th, 2020 at 154.548
The intermediate-term trend has been UP since Jan 21st, 2021 at 175.532
The short-term trend has been UP since Feb 22nd, 2021 at 182.363
Smart Scan Analysis for EURJMD
Based on our trend formula, EURJMD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).