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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Jamaican Dollar/British Pound (FOREX:JMDGBP)

Crossroads (-60) - JMDGBP 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 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
0.00512478 0.00512478 0.00512478 0.00512478 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JMDGBP

long term up The long-term trend has been UP since Sep 21st, 2023 at 0.00521563

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2023 at 0.00529547

short term down The short-term trend has been DOWN since Nov 6th, 2023 at 0.00529547

Smart Scan Analysis for JMDGBP

Based on our trend formula, JMDGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for JMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00512478 0.00512478 0.00512478 0.00512478 0.00000000
Prev. Close Volume Bid Ask Time
0.00512301 2023-11-24 07:27:39
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