Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Euro/Jordanian Dinar (FOREX:EURJOD)
Long-Term Uptrend (+90) - EURJOD is in a strong uptrend that is likely to continue. While EURJOD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for EURJOD
The long-term trend has been UP since Nov 11th, 2022 at 0.7340
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.7595
The short-term trend has been UP since Mar 21st, 2023 at 0.7615
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).