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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Euro/Jordanian Dinar (FOREX:EURJOD)

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.

FOREX_EURJOD
Open High Low EURJOD Price Change
0.7868 0.7881 0.7861 0.7877 +0.0009
Entry Signal

MarketClub’s Trade Triangles for EURJOD

long term up The long term trend has been UP since Dec 12th, 2019 at 0.7923

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2020 at 0.7863

short term down The short term trend has been DOWN since Jan 17th, 2020 at 0.7887

Smart Scan Analysis for EURJOD

Based on a pre-defined weighted trend formula for chart analysis, EURJOD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7868 0.7881 0.7861 0.7877 +0.0009
Prev. Close Volume Bid Ask Time
0.7868 0.7802 0.7952 2020-01-21 09:27:09
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