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.
MarketClub’s Trade Triangles for GBPJOD
The long term trend has been UP since Apr 13th, 2017 at 0.890555
The intermediate term trend has been DOWN since Apr 23rd, 2018 at 0.990000
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).