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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Jamaican Dollar/British Pound (FOREX:JMDGBP)

Bull Market Weakness (+75) - JMDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JMDGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid JMDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for JMDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JMDGBP
Open High Low JMDGBP Price Change
0.00520003 0.00520003 0.00518595 0.00518595 -0.00001400
Entry Signal

MarketClub’s Trade Triangles for JMDGBP

long term up The long-term trend has been UP since Mar 28th, 2024 at 0.00512001

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2024 at 0.00517869

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.00517949

Smart Scan Analysis for JMDGBP

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

+70
Smart Scan Analysis for JMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00520003 0.00520003 0.00518595 0.00518595 -0.00001400
Prev. Close Volume Bid Ask Time
0.00512832 2024-04-23 21:01:41
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