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.
MarketClub’s Trade Triangles for JMDGBP
The long-term trend has been UP since Sep 16th, 2021 at 0.00486241
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00494816
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).