Forex Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
British Pound/Jordanian Dinar (FOREX:GBPJOD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for GBPJOD
The long term trend has been DOWN since May 1st, 2018 at 0.97265
The intermediate term trend has been UP since Aug 29th, 2018 at 0.92245
The short term trend has been DOWN since Oct 15th, 2018 at 0.93270
Smart Scan Analysis for GBPJOD
Based on a pre-defined weighted trend formula for chart analysis, GBPJOD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).