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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Jordanian Dinar (FOREX:EURJOD)
Bear Market Rally (-75) - EURJOD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURJOD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURJOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURJOD.
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 EURJOD
The long-term trend has been DOWN since Apr 12th, 2024 at 0.7585
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.7684
The short-term trend has been DOWN since May 8th, 2024 at 0.7612
Smart Scan Analysis for EURJOD
Based on our trend formula, EURJOD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7617 | 0.7618 | 0.7611 | 0.7613 | -0.0004 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7617 | 2024-05-09 01:58:25 |