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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Euro/Jamaican Dollar (FOREX:EURJMD)

Weak Downtrend (-65) - EURJMD is showing signs of a strengthening downtrend. Monitor EURJMD as it may be building momentum to the downside.

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
166.85 166.85 166.85 166.85 0.00
Entry Signal

MarketClub’s Trade Triangles for EURJMD

long term up The long-term trend has been UP since May 16th, 2024 at 169.83

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2024 at 168.67

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 166.94

Smart Scan Analysis for EURJMD

Based on our trend formula, EURJMD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
166.85 166.85 166.85 166.85 0.00
Prev. Close Volume Bid Ask Time
166.85 2024-06-20 07:26:01
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