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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

British Pound/Jamaican Dollar (FOREX:GBPJMD)

Bull Market Weakness (+75) - GBPJMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPJMD as it may be in the beginning stages of a reversal.

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
190.30535 190.30535 190.30535 190.30535 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPJMD

long term up The long-term trend has been UP since Jun 5th, 2020 at 180.34622

intermediate term up The intermediate-term trend has been UP since Jul 9th, 2020 at 176.52565

short term up The short-term trend has been UP since Jul 6th, 2020 at 173.83167

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
190.30535 190.30535 190.30535 190.30535 0.00000
Prev. Close Volume Bid Ask Time
190.30535 188.32009 192.29060 2020-07-29 04:35:25
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