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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Jamaican Dollar/Euro (FOREX:JMDEUR)

Weak Downtrend (-65) - JMDEUR is showing signs of a strengthening downtrend. Monitor JMDEUR as it may be building momentum to the downside.

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
0.00571424 0.00571424 0.00571424 0.00571424 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JMDEUR

long term up The long-term trend has been UP since Sep 13th, 2021 at 0.00566850

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00578057

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 0.00578057

Smart Scan Analysis for JMDEUR

Based on our trend formula, JMDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for JMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00571424 0.00571424 0.00571424 0.00571424 0.00000000
Prev. Close Volume Bid Ask Time
0.00571424 2021-10-18 21:09:25
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