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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Jamaican Dollar (FOREX:EURJMD)
Bull Market Weakness (+75) - EURJMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURJMD as it may be in the beginning stages of a reversal.
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 UP since May 16th, 2024 at 169.83
The intermediate-term trend has been UP since Jul 7th, 2024 at 168.61
The short-term trend has been DOWN since Jul 21st, 2024 at 170.23
Smart Scan Analysis for EURJMD
Based on our trend formula, EURJMD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 169.81 | 169.81 | 169.81 | 169.81 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 169.81 | 2024-07-26 14:00:16 |