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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

British Pound/Jamaican Dollar (FOREX:GBPJMD)

Weak Downtrend (-65) - GBPJMD is showing signs of a strengthening downtrend. Monitor GBPJMD as it may be building momentum to the downside.

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
178.20390 178.20390 178.20390 178.20390 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term down The long-term trend has been DOWN since Mar 12th, 2020 at 170.69554

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2020 at 167.36755

short term down The short-term trend has been DOWN since May 26th, 2020 at 178.76301

Smart Scan Analysis for GBPJMD

Based on our trend formula, GBPJMD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
178.20390 178.20390 178.20390 178.20390 0.00000
Prev. Close Volume Bid Ask Time
178.20390 176.18189 180.22590 2020-05-26 07:14:36
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