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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Jamaican Dollar/Euro (FOREX:JMDEUR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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
0.006625 0.006649 0.006625 0.006645 +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 Jul 17th, 2019 at 0.006711

short term down The short term trend has been DOWN since Jun 26th, 2019 at 0.006826

Smart Scan Analysis for JMDEUR

Based on a pre-defined weighted trend formula for chart analysis, JMDEUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for JMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006625 0.006649 0.006625 0.006645 +0.000020
Prev. Close Volume Bid Ask Time
0.006624 0.006566 0.006724 2019-07-19 13:16:51
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