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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

British Pound/Jamaican Dollar (FOREX:GBPJMD)

Countertrend Down (-85) - GBPJMD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
200.41668 200.41668 200.41668 200.41668 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term down The long-term trend has been DOWN since Dec 2nd, 2024 at 199.36350

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2024 at 208.24619

short term up The short-term trend has been UP since Dec 4th, 2024 at 199.59670

Smart Scan Analysis for GBPJMD

Based on our trend formula, GBPJMD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
200.41668 200.41668 200.41668 200.41668 0.00000
Prev. Close Volume Bid Ask Time
198.97034 2024-12-09 18:36:58
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