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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

British Pound/Jamaican Dollar (FOREX:GBPJMD)

Crossroads (-60) - GBPJMD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
207.25303 207.25303 207.03728 207.03728 -0.21575
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term down The long-term trend has been DOWN since Sep 16th, 2021 at 205.68084

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 202.11723

short term up The short-term trend has been UP since Oct 18th, 2021 at 200.76189

Smart Scan Analysis for GBPJMD

Based on our trend formula, GBPJMD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
207.25303 207.25303 207.03728 207.03728 -0.21575
Prev. Close Volume Bid Ask Time
207.25303 2021-10-18 21:09:25
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