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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Jamaican Dollar/British Pound (FOREX:JMDGBP)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_JMDGBP
Open High Low JMDGBP Price Change
0.006100 0.006100 0.006100 0.006100 0.000000
Entry Signal

MarketClub’s Trade Triangles for JMDGBP

long term down The long term trend has been DOWN since Jan 31st, 2019 at 0.005704

intermediate term up The intermediate term trend has been UP since May 24th, 2019 at 0.005809

short term up The short term trend has been UP since Jun 6th, 2019 at 0.005911

Smart Scan Analysis for JMDGBP

Based on a pre-defined weighted trend formula for chart analysis, JMDGBP scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for JMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006100 0.006100 0.006100 0.006100 0.000000
Prev. Close Volume Bid Ask Time
0.006100 0.006024 0.006175 2019-06-17 04:07:20
Want to analyze Jamaican Dollar/British Pound JMDGBP or another symbol? Try our Free Forex Trend Analysis Report.