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Forex Trend Analysis Report
Prepared for you on Saturday, September 14, 2024.
Jamaican Dollar/Euro (FOREX:JMDEUR)
Strong Downtrend (-100) - JMDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JMDEUR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for JMDEUR
The long-term trend has been DOWN since May 16th, 2024 at 0.00588890
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00593152
The short-term trend has been DOWN since Sep 14th, 2024 at 0.00574807
Smart Scan Analysis for JMDEUR
Based on our trend formula, JMDEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00573982 | 0.00573982 | 0.00573982 | 0.00573982 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00573982 | 2024-09-14 08:41:44 |