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Forex Trend Analysis Report
Prepared for you on Tuesday, December 10, 2024.
Euro/Jamaican Dollar (FOREX:EURJMD)
Countertrend Down (-85) - EURJMD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURJMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURJMD.
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 EURJMD
The long-term trend has been DOWN since Nov 18th, 2024 at 169.33
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 174.85
The short-term trend has been UP since Dec 9th, 2024 at 165.36
Smart Scan Analysis for EURJMD
Based on our trend formula, EURJMD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 165.94 | 165.94 | 165.94 | 165.94 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 165.94 | 2024-12-09 18:36:58 |