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Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

US Dollar/Jamaican Dollar (FOREX:USDJMD)

Countertrend Up (+85) - USDJMD 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 USDJMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDJMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDJMD
Open High Low USDJMD Price Change
158.15664 158.15664 157.78120 157.78120 -0.37544
Entry Signal

MarketClub’s Trade Triangles for USDJMD

long term up The long-term trend has been UP since Apr 10th, 2024 at 156.53256

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2025 at 156.53003

short term up The short-term trend has been UP since Jan 7th, 2025 at 156.20288

Smart Scan Analysis for USDJMD

Based on our trend formula, USDJMD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.15664 158.15664 157.78120 157.78120 -0.37544
Prev. Close Volume Bid Ask Time
158.15664 2025-02-06 21:00:10
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