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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Jamaican Dollar/Euro (FOREX:JMDEUR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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_JMDEUR
Open High Low JMDEUR Price Change
0.006538 0.006538 0.006538 0.006538 0.000000
Entry Signal

MarketClub’s Trade Triangles for JMDEUR

long term down The long term trend has been DOWN since Feb 1st, 2019 at 0.006631

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2018 at 0.006949

short term up The short term trend has been UP since Feb 8th, 2019 at 0.006506

Smart Scan Analysis for JMDEUR

Based on a pre-defined weighted trend formula for chart analysis, JMDEUR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for JMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006538 0.006538 0.006538 0.006538 0.000000
Prev. Close Volume Bid Ask Time
0.006538 0.006461 0.006615 2019-02-20 13:27:24
Want to analyze Jamaican Dollar/Euro JMDEUR or another symbol? Try our Free Forex Trend Analysis Report.