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Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Jamaican Dollar/US Dollar (FOREX:JMDUSD)
Countertrend Up (+85) - JMDUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Mar 18th, 2023 at 0.00662246
The intermediate-term trend has been UP since Mar 3rd, 2023 at 0.00651693
The short-term trend has been UP since Mar 3rd, 2023 at 0.00651693
Smart Scan Analysis for JMDUSD
Based on our trend formula, JMDUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.006686 | 0.006686 | 0.006686 | 0.006686 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.006686 | 2023-03-18 03:55:54 |