Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
British Pound/Jamaican Dollar (FOREX:GBPJMD)
Weak Uptrend (+65) - GBPJMD is showing signs of weakening momentum to the upside. Monitor GBPJMD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for GBPJMD
The long-term trend has been UP since Jun 5th, 2020 at 180.34622
The intermediate-term trend has been UP since Oct 4th, 2020 at 180.29762
The short-term trend has been DOWN since Nov 27th, 2020 at 196.50252
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).