Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Jamaican Dollar/Euro (FOREX:JMDEUR)

Long-Term Downtrend (-90) - JMDEUR is in a strong downtrend that is likely to continue. While JMDEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_JMDEUR
Open High Low JMDEUR Price Change
0.00556446 0.00556446 0.00556446 0.00556446 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JMDEUR

long term down The long-term trend has been DOWN since Mar 9th, 2025 at 0.00602698

intermediate term down The intermediate-term trend has been DOWN since Jan 30th, 2025 at 0.00614024

short term down The short-term trend has been DOWN since Mar 31st, 2025 at 0.00588232

Smart Scan Analysis for JMDEUR

Based on our trend formula, JMDEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for JMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00556446 0.00556446 0.00556446 0.00556446 0.00000000
Prev. Close Volume Bid Ask Time
0.00557252 2025-05-04 11:00:59
Get a free daily analysis and signals for Jamaican Dollar/Euro (JMDEUR) - Request Your Free Report.