Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Jamaican Dollar/US Dollar (FOREX:JMDUSD)
Weak Downtrend (-65) - JMDUSD is showing signs of a strengthening downtrend. Monitor JMDUSD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for JMDUSD
The long-term trend has been UP since Sep 23rd, 2021 at 0.00675600
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00673882
The short-term trend has been DOWN since Oct 18th, 2021 at 0.00673882
Smart Scan Analysis for JMDUSD
Based on our trend formula, JMDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).