Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Euro/Jamaican Dollar (FOREX:EURJMD)

Strong Downtrend (-100) - EURJMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURJMD continues to fall. Traders should use caution 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.

FOREX_EURJMD
Open High Low EURJMD Price Change
165.97 165.97 165.97 165.97 0.00
Entry Signal

MarketClub’s Trade Triangles for EURJMD

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 167.39

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 168.76

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 169.11

Smart Scan Analysis for EURJMD

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

-100
Smart Scan Analysis for EURJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
165.97 165.97 165.97 165.97 0.00
Prev. Close Volume Bid Ask Time
165.97 2024-03-29 03:30:08
Get a free daily analysis and signals for Euro/Jamaican Dollar (EURJMD) - Request Your Free Report.