Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
British Pound/Jordanian Dinar (FOREX:GBPJOD)
Strong Downtrend (-100) - GBPJOD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPJOD continues to fall. Traders should use caution and set stops.
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 Jul 19th, 2021 at 0.9699706
The intermediate-term trend has been DOWN since Aug 18th, 2022 at 0.8530093
The short-term trend has been DOWN since Aug 16th, 2022 at 0.8590503
Smart Scan Analysis for GBPJOD
Based on our trend formula, GBPJOD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).