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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.
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MarketClub’s Trade Triangles for GBPJMD
The long-term trend has been DOWN since Mar 16th, 2022 at 203.77724
The intermediate-term trend has been DOWN since Aug 9th, 2022 at 184.64325
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).
| 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 |