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Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Jamaican Dollar/Euro (FOREX:JMDEUR)
Crossroads (-60) - JMDEUR 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 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 Nov 11th, 2022 at 0.00641329
The intermediate-term trend has been UP since Feb 14th, 2023 at 0.00599094
The short-term trend has been UP since Feb 14th, 2023 at 0.00599094
Smart Scan Analysis for JMDEUR
Based on our trend formula, JMDEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00620194 | 0.00620194 | 0.00620194 | 0.00620194 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00620194 | 2023-03-18 03:55:54 |