Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
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.
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 Feb 27th, 2020 at 0.00553761
The short-term trend has been UP since Feb 27th, 2020 at 0.00553761
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).