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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.
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MarketClub’s Trade Triangles for GBPJMD
The long-term trend has been DOWN since Dec 2nd, 2024 at 199.36350
The intermediate-term trend has been DOWN since Oct 18th, 2024 at 208.24619
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).
| 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 |