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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

Jamaican Dollar/British Pound (FOREX:JMDGBP)

Countertrend Up (+85) - JMDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00565160 0.00565160 0.00565160 0.00565160 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JMDGBP

long term up The long-term trend has been UP since Mar 12th, 2020 at 0.00585927

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2020 at 0.00564721

short term up The short-term trend has been UP since May 26th, 2020 at 0.00559470

Smart Scan Analysis for JMDGBP

Based on our trend formula, JMDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for JMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00565160 0.00565160 0.00565160 0.00565160 0.00000000
Prev. Close Volume Bid Ask Time
0.00565160 0.00558751 0.00571568 2020-06-01 07:17:48
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