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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.

FOREX_EURJMD
Open High Low EURJMD Price Change
165.94 165.94 165.94 165.94 0.00
Entry Signal

MarketClub’s Trade Triangles for EURJMD

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 169.33

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 174.85

short term up 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).

-85
Smart Scan Analysis for EURJMD
Strong Downtrend Sideways 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
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