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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

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
189.61488 189.61488 189.61488 189.61488 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term down The long-term trend has been DOWN since Sep 21st, 2023 at 191.75401

intermediate term down The intermediate-term trend has been DOWN since Jul 31st, 2023 at 198.33317

short term down The short-term trend has been DOWN since Aug 25th, 2023 at 196.37934

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
189.61488 189.61488 189.61488 189.61488 0.00000
Prev. Close Volume Bid Ask Time
187.86121 2023-09-23 13:03:35
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