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Forex Trend Analysis Report

Prepared for you on Thursday, May 13, 2021.

Jamaican Dollar/British Pound (FOREX:JMDGBP)

Strong Downtrend (-100) - JMDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid JMDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for JMDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JMDGBP
Open High Low JMDGBP Price Change
0.00467707 0.00467707 0.00467707 0.00467707 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JMDGBP

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 0.00554558

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2021 at 0.00489019

short term down The short-term trend has been DOWN since Apr 16th, 2021 at 0.00487914

Smart Scan Analysis for JMDGBP

Based on our trend formula, JMDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for JMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00467707 0.00467707 0.00467707 0.00467707 0.00000000
Prev. Close Volume Bid Ask Time
0.00467707 2021-05-12 07:25:12
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