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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Jamaican Dollar/Euro (FOREX:JMDEUR)

Countertrend Up (+85) - JMDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_JMDEUR
Open High Low JMDEUR Price Change
0.00615119 0.00615119 0.00615119 0.00615119 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JMDEUR

long term up The long-term trend has been UP since Nov 18th, 2024 at 0.00590630

intermediate term up The intermediate-term trend has been UP since Oct 2nd, 2024 at 0.00571979

short term up The short-term trend has been UP since Dec 13th, 2024 at 0.00605032

Smart Scan Analysis for JMDEUR

Based on our trend formula, JMDEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for JMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00615119 0.00615119 0.00615119 0.00615119 0.00000000
Prev. Close Volume Bid Ask Time
0.00617513 2024-12-21 08:23:57
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