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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Jamaican Dollar/Euro (FOREX:JMDEUR)

Countertrend Up (+85) - JMDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00644974 0.00644974 0.00644974 0.00644974 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 up The intermediate-term trend has been UP since Jun 10th, 2022 at 0.00611093

short term up The short-term trend has been UP since Apr 8th, 2022 at 0.00592952

Smart Scan Analysis for JMDEUR

Based on our trend formula, JMDEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for JMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00644974 0.00644974 0.00644974 0.00644974 0.00000000
Prev. Close Volume Bid Ask Time
0.00644974 2022-07-05 07:16:09
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