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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Jamaican Dollar (FOREX:GBPJMD)
Weak Downtrend (-65) - GBPJMD is showing signs of a strengthening downtrend. Monitor GBPJMD as it may be building momentum to the downside.
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 UP since May 24th, 2024 at 199.06675
The intermediate-term trend has been DOWN since Oct 18th, 2024 at 208.24619
The short-term trend has been DOWN since Oct 18th, 2024 at 208.24619
Smart Scan Analysis for GBPJMD
Based on our trend formula, GBPJMD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 200.37678 | 200.37678 | 200.37678 | 200.37678 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 200.37678 | 2024-11-19 07:25:19 |