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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

British Pound/Jamaican Dollar (FOREX:GBPJMD)

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_GBPJMD
Open High Low GBPJMD Price Change
165.67 165.67 165.67 165.67 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term up The long term trend has been UP since Jan 31st, 2019 at 175.325

intermediate term down The intermediate term trend has been DOWN since Mar 3rd, 2019 at 171.330

short term down The short term trend has been DOWN since Feb 24th, 2019 at 171.720

Smart Scan Analysis for GBPJMD

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

-60
Smart Scan Analysis for GBPJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
165.67 165.67 165.67 165.67 0.00
Prev. Close Volume Bid Ask Time
165.67 163.56 167.78 2019-03-17 21:10:54
Want to analyze British Pound/Jamaican Dollar GBPJMD or another symbol? Try our Free Forex Trend Analysis Report.