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Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
Jamaican Dollar/US Dollar (FOREX:JMDUSD)
Sidelines Mode (+50) - JMDUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until JMDUSD can gain momentum.
Is it time to buy, sell, or avoid JMDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JMDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JMDUSD
The long-term trend has been DOWN since Apr 10th, 2024 at 0.00638917
The intermediate-term trend has been UP since Nov 27th, 2024 at 0.00633606
The short-term trend has been UP since Nov 27th, 2024 at 0.00630423
Smart Scan Analysis for JMDUSD
Based on our trend formula, JMDUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00642937 | 0.00642937 | 0.00642937 | 0.00642937 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00642937 | 2024-12-30 07:25:16 |