Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
United Arab Emirates Dirham/Jordanian Dinar (FOREX:AEDJOD)
Strong Downtrend (-100) - AEDJOD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AEDJOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDJOD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDJOD
The long-term trend has been DOWN since Sep 19th, 2021 at 0.19255551
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 0.19269505
The short-term trend has been DOWN since Sep 30th, 2021 at 0.19288413
Smart Scan Analysis for AEDJOD
Based on our trend formula, AEDJOD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).