Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Euro/Jordanian Dinar (FOREX:EURJOD)

Long-Term Downtrend (-90) - EURJOD is in a strong downtrend that is likely to continue. While EURJOD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.7371 0.7378 0.7370 0.7376 +0.0005
Entry Signal

MarketClub’s Trade Triangles for EURJOD

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 0.7639

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.7642

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 0.7441

Smart Scan Analysis for EURJOD

Based on our trend formula, EURJOD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7371 0.7378 0.7370 0.7376 +0.0005
Prev. Close Volume Bid Ask Time
0.7376 2024-12-24 21:00:04
Get a free daily analysis and signals for Euro/Jordanian Dinar (EURJOD) - Request Your Free Report.