Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
British Pound/Jordanian Dinar (FOREX:GBPJOD)
Sidelines Mode (-55) - GBPJOD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPJOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPJOD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPJOD
The long-term trend has been DOWN since Mar 2nd, 2020 at 0.9083727
The intermediate-term trend has been DOWN since Mar 13th, 2020 at 0.9046137
The short-term trend has been UP since Apr 9th, 2020 at 0.8788131
Smart Scan Analysis for GBPJOD
Based on our trend formula, GBPJOD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).