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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

British Pound/Jamaican Dollar (FOREX:GBPJMD)

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

Is it time to buy, sell, or avoid GBPJMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPJMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPJMD
Open High Low GBPJMD Price Change
196.44673 196.44673 196.44673 196.44673 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term up The long-term trend has been UP since Dec 6th, 2023 at 195.37677

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 197.20713

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 197.85427

Smart Scan Analysis for GBPJMD

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

-70
Smart Scan Analysis for GBPJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
196.44673 196.44673 196.44673 196.44673 0.00000
Prev. Close Volume Bid Ask Time
196.44673 2024-03-18 08:25:58
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