Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Jamaican Dollar/US Dollar (FOREX:JMDUSD)
Countertrend Down (-85) - JMDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Apr 7th, 2024 at 0.00648801
The short-term trend has been UP since Apr 23rd, 2024 at 0.00644998
Smart Scan Analysis for JMDUSD
Based on our trend formula, JMDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00643561 | 0.00646204 | 0.00643561 | 0.00646204 | +0.00002600 |
Prev. Close | Volume | Bid | Ask | Time |
0.00641494 | 2024-04-23 21:01:41 |