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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Jordanian Dinar (FOREX:GBPJOD)
Bear Market Rally (-75) - GBPJOD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPJOD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPJOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPJOD.
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 GBPJOD
The long-term trend has been DOWN since Apr 10th, 2024 at 0.8891229
The intermediate-term trend has been UP since May 6th, 2024 at 0.8902260
The short-term trend has been DOWN since May 7th, 2024 at 0.8883553
Smart Scan Analysis for GBPJOD
Based on our trend formula, GBPJOD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.884822 | 0.884822 | 0.884822 | 0.884822 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.884822 | 2024-05-09 00:46:17 |