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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

British Pound/Jordanian Dinar (FOREX:GBPJOD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

FOREX_GBPJOD
Open High Low GBPJOD Price Change
0.990540 0.991150 0.987750 0.988735 -0.001805
Entry Signal

MarketClub’s Trade Triangles for GBPJOD

long term up The long term trend has been UP since Apr 13th, 2017 at 0.890555

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2018 at 0.990000

short term down The short term trend has been DOWN since Apr 18th, 2018 at 1.010450

Smart Scan Analysis for GBPJOD

Based on a pre-defined weighted trend formula for chart analysis, GBPJOD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.990540 0.991150 0.987750 0.988735 -0.001805
Prev. Close Volume Bid Ask Time
0.990540 0.985250 0.992220 2018-04-25 21:24:27
Want to analyze British Pound/Jordanian Dinar GBPJOD or another symbol? Try our Free Forex Trend Analysis Report.