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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Jamaican Dollar/Euro (FOREX:JMDEUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_JMDEUR
Open High Low JMDEUR Price Change
0.006675 0.006675 0.006655 0.006655 -0.000020
Entry Signal

MarketClub’s Trade Triangles for JMDEUR

long term up The long term trend has been UP since Mar 6th, 2019 at 0.006970

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 0.006649

short term up The short term trend has been UP since Sep 11th, 2019 at 0.006670

Smart Scan Analysis for JMDEUR

Based on a pre-defined weighted trend formula for chart analysis, JMDEUR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for JMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006675 0.006675 0.006655 0.006655 -0.000020
Prev. Close Volume Bid Ask Time
0.006675 0.006575 0.006735 2019-09-13 08:46:37
Want to analyze Jamaican Dollar/Euro JMDEUR or another symbol? Try our Free Forex Trend Analysis Report.