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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

British Pound/Jamaican Dollar (FOREX:GBPJMD)

Strong Downtrend (-100) - GBPJMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPJMD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GBPJMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPJMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPJMD
Open High Low GBPJMD Price Change
184.26567 184.26567 184.26567 184.26567 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term down The long-term trend has been DOWN since Mar 16th, 2022 at 203.77724

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2022 at 184.64325

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 184.37483

Smart Scan Analysis for GBPJMD

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

-100
Smart Scan Analysis for GBPJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
184.26567 184.26567 184.26567 184.26567 0.00000
Prev. Close Volume Bid Ask Time
183.54199 2022-08-10 07:20:33
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