Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Euro/Jamaican Dollar (FOREX:EURJMD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURJMD
Open High Low EURJMD Price Change
150.060 150.060 150.045 150.045 -0.015
Entry Signal

MarketClub’s Trade Triangles for EURJMD

long term down The long term trend has been DOWN since Mar 6th, 2019 at 143.50

intermediate term up The intermediate term trend has been UP since Sep 5th, 2019 at 151.34

short term up The short term trend has been UP since Sep 16th, 2019 at 150.28

Smart Scan Analysis for EURJMD

Based on a pre-defined weighted trend formula for chart analysis, EURJMD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
150.060 150.060 150.045 150.045 -0.015
Prev. Close Volume Bid Ask Time
150.06 148.250 151.840 2019-09-17 05:44:05
Want to analyze Euro/Jamaican Dollar EURJMD or another symbol? Try our Free Forex Trend Analysis Report.