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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

US Dollar/Jamaican Dollar (FOREX:USDJMD)

Strong Uptrend (+100) - USDJMD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDJMD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
151.32539 151.32539 151.32539 151.32539 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDJMD

long term up The long-term trend has been UP since Feb 17th, 2020 at 141.10631

intermediate term up The intermediate-term trend has been UP since Jan 18th, 2021 at 143.70789

short term up The short-term trend has been UP since Dec 31st, 2020 at 142.50114

Smart Scan Analysis for USDJMD

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

+100
Smart Scan Analysis for USDJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.32539 151.32539 151.32539 151.32539 0.00000
Prev. Close Volume Bid Ask Time
151.32539 2021-02-25 07:31:41
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