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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

Euro/Jordanian Dinar (FOREX:EURJOD)

Countertrend Up (+85) - EURJOD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

FOREX_EURJOD
Open High Low EURJOD Price Change
0.8341 0.8374 0.8318 0.8374 +0.0033
Entry Signal

MarketClub’s Trade Triangles for EURJOD

long term up The long-term trend has been UP since Jul 14th, 2020 at 0.8080

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 0.7767

short term down The short-term trend has been DOWN since Aug 4th, 2020 at 0.8328

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).

+85
Smart Scan Analysis for EURJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8341 0.8374 0.8318 0.8374 +0.0033
Prev. Close Volume Bid Ask Time
0.8341 0.8299 0.8449 2020-08-04 22:14:37
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