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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for JMDEUR
The long-term trend has been UP since Nov 18th, 2024 at 0.00590630
The intermediate-term trend has been UP since Oct 2nd, 2024 at 0.00571979
The short-term trend has been UP since Oct 2nd, 2024 at 0.00571979
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00597013 | 0.00597013 | 0.00597013 | 0.00597013 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00597013 | 2024-11-19 07:25:19 |