Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Euro/Jordanian Dinar (FOREX:EURJOD)
Strong Downtrend (-100) - EURJOD 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 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 DOWN since Mar 19th, 2020 at 0.7644
The intermediate-term trend has been DOWN since Mar 19th, 2020 at 0.7667
The short-term trend has been DOWN since Apr 1st, 2020 at 0.7757
Smart Scan Analysis for EURJOD
Based on our trend formula, EURJOD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).