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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
US Dollar/Jamaican Dollar (FOREX:USDJMD)
Weak Downtrend (-65) - USDJMD is showing signs of a strengthening downtrend. Monitor USDJMD as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for USDJMD
The long-term trend has been UP since Apr 10th, 2024 at 156.53256
The intermediate-term trend has been DOWN since Nov 27th, 2024 at 157.84448
The short-term trend has been DOWN since Nov 27th, 2024 at 158.64211
Smart Scan Analysis for USDJMD
Based on our trend formula, USDJMD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 155.83457 | 155.83457 | 155.83457 | 155.83457 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 155.83457 | 2024-12-21 08:23:57 |