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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Euro/Jordanian Dinar (FOREX:EURJOD)

Bear Market Rally (-75) - EURJOD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURJOD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid EURJOD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURJOD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURJOD
Open High Low EURJOD Price Change
0.7559 0.7559 0.7536 0.7555 -0.0004
Entry Signal

MarketClub’s Trade Triangles for EURJOD

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.7585

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.7684

short term up The short-term trend has been UP since Apr 18th, 2024 at 0.7565

Smart Scan Analysis for EURJOD

Based on our trend formula, EURJOD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7559 0.7559 0.7536 0.7555 -0.0004
Prev. Close Volume Bid Ask Time
0.7559 2024-04-22 21:00:58
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