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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

US Dollar/Jamaican Dollar (FOREX:USDJMD)

Bull Market Weakness (+75) - USDJMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDJMD as it may be in the beginning stages of a reversal.

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
154.29803 154.29803 154.29803 154.29803 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDJMD

long term up The long-term trend has been UP since May 14th, 2023 at 154.49704

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2023 at 154.81955

short term up The short-term trend has been UP since Sep 21st, 2023 at 154.62546

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).

+70
Smart Scan Analysis for USDJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
154.29803 154.29803 154.29803 154.29803 0.00000
Prev. Close Volume Bid Ask Time
154.29803 2023-09-22 23:08:49
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