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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Jamaican Dollar/Euro (FOREX:JMDEUR)
Sidelines Mode (+55) - JMDEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Mar 20th, 2024 at 0.00597476
The intermediate-term trend has been UP since Apr 12th, 2024 at 0.00604630
The short-term trend has been DOWN since Apr 17th, 2024 at 0.00605876
Smart Scan Analysis for JMDEUR
Based on our trend formula, JMDEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00602989 | 0.00602989 | 0.00602989 | 0.00602989 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00602698 | 2024-04-18 07:26:27 |