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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.

FOREX_JMDUSD
Open High Low JMDUSD Price Change
0.00654447 0.00654447 0.00654447 0.00654447 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JMDUSD

long term up The long-term trend has been UP since Sep 23rd, 2021 at 0.00675600

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00673882

short term down 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).

-70
Smart Scan Analysis for JMDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00654447 0.00654447 0.00654447 0.00654447 0.00000000
Prev. Close Volume Bid Ask Time
0.00650208 2021-10-23 18:35:19
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