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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

British Pound/Jordanian Dinar (FOREX:GBPJOD)

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

FOREX_GBPJOD
Open High Low GBPJOD Price Change
0.9025554 0.9027698 0.9016331 0.9016331 -0.0009220
Entry Signal

MarketClub’s Trade Triangles for GBPJOD

long term up The long-term trend has been UP since Dec 1st, 2023 at 0.9012259

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 0.8982757

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.9068870

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).

+75
Smart Scan Analysis for GBPJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9025554 0.9027698 0.9016331 0.9016331 -0.0009220
Prev. Close Volume Bid Ask Time
0.9025554 2024-03-18 22:07:03
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