Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Jamaican Dollar/British Pound (FOREX:JMDGBP)
Countertrend Up (+85) - JMDGBP 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 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.
MarketClub’s Trade Triangles for JMDGBP
The long-term trend has been UP since Mar 12th, 2020 at 0.00585927
The intermediate-term trend has been UP since Jun 1st, 2020 at 0.00564721
The short-term trend has been UP since May 26th, 2020 at 0.00559470
Smart Scan Analysis for JMDGBP
Based on our trend formula, JMDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).