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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Jamaican Dollar/British Pound (FOREX:JMDGBP)

Weak Downtrend (-65) - JMDGBP is showing signs of a strengthening downtrend. Monitor JMDGBP as it may be building momentum to the downside.

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
0.00482553 0.00482553 0.00482553 0.00482553 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JMDGBP

long term up The long-term trend has been UP since Sep 16th, 2021 at 0.00486241

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00494816

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 0.00498158

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
0.00482553 0.00482553 0.00482553 0.00482553 0.00000000
Prev. Close Volume Bid Ask Time
0.00482553 2021-10-18 07:17:18
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