Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
US Dollar/Jamaican Dollar (FOREX:USDJMD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
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.
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MarketClub’s Trade Triangles for USDJMD
The long term trend has been DOWN since Mar 12th, 2019 at 126.645
The intermediate term trend has been DOWN since Feb 24th, 2019 at 132.095
The short term trend has been UP since Mar 12th, 2019 at 127.105
Smart Scan Analysis for USDJMD
Based on a pre-defined weighted trend formula for chart analysis, USDJMD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 124.66 | 124.68 | 124.66 | 124.68 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 124.66 | 123.09 | 126.27 | 2019-03-19 06:41:03 |