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Forex Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

US Dollar/Jamaican Dollar (FOREX:USDJMD)

Bull Market Weakness (+75) - USDJMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDJMD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_USDJMD
Open High Low USDJMD Price Change
140.98016 140.98016 140.98016 140.98016 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDJMD

long term up The long-term trend has been UP since Feb 17th, 2020 at 141.10631

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2020 at 133.02452

short term up The short-term trend has been UP since Jan 6th, 2020 at 132.64696

Smart Scan Analysis for USDJMD

Based on our trend formula, USDJMD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDJMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
140.98016 140.98016 140.98016 140.98016 0.00000
Prev. Close Volume Bid Ask Time
140.37063 139.31243 142.64788 2020-02-19 07:21:13
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