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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Jordanian Dinar (FOREX:EURJOD)
Countertrend Down (-85) - EURJOD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for EURJOD
The long-term trend has been DOWN since Nov 6th, 2024 at 0.7639
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.7642
The short-term trend has been UP since Nov 19th, 2024 at 0.7516
Smart Scan Analysis for EURJOD
Based on our trend formula, EURJOD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7508 | 0.7524 | 0.7473 | 0.7516 | +0.0008 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7510 | 2024-11-19 22:33:34 |