Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
British Pound/Jamaican Dollar (FOREX:GBPJMD)
Strong Uptrend (+100) - GBPJMD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPJMD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Dec 31st, 2020 at 193.67028
The short-term trend has been UP since Dec 31st, 2020 at 193.23872
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).