Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Jamaican Dollar/US Dollar (FOREX:JMDUSD)
Countertrend Up (+85) - JMDUSD 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 JMDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JMDUSD.
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 JMDUSD
The long-term trend has been UP since Jan 7th, 2024 at 0.00648810
The intermediate-term trend has been UP since Feb 28th, 2024 at 0.00640752
The short-term trend has been UP since Feb 27th, 2024 at 0.00639301
Smart Scan Analysis for JMDUSD
Based on our trend formula, JMDUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.0064977 | 0.0064977 | 0.0064977 | 0.0064977 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.0064977 | 2024-03-28 02:42:11 |