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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

British Pound/Jamaican Dollar (FOREX:GBPJMD)

Strong Uptrend (+100) - GBPJMD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPJMD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
198.90787 198.90787 198.90787 198.90787 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term up The long-term trend has been UP since May 24th, 2024 at 199.06675

intermediate term up The intermediate-term trend has been UP since May 5th, 2024 at 196.27050

short term up The short-term trend has been UP since May 5th, 2024 at 195.89221

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
198.90787 198.90787 198.90787 198.90787 0.00000
Prev. Close Volume Bid Ask Time
198.90787 2024-05-27 07:25:50
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