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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Jamaican Dollar/Euro (FOREX:JMDEUR)
Bear Market Rally (-75) - JMDEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JMDEUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid JMDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JMDEUR.
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 JMDEUR
The long-term trend has been DOWN since May 16th, 2024 at 0.00588890
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00593152
The short-term trend has been UP since Jul 21st, 2024 at 0.00587506
Smart Scan Analysis for JMDEUR
Based on our trend formula, JMDEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0058896 | 0.0058896 | 0.0058896 | 0.0058896 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0058896 | 2024-07-26 14:00:16 |