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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

British Pound/Jordanian Dinar (FOREX:GBPJOD)

Long-Term Downtrend (-90) - GBPJOD is in a strong downtrend that is likely to continue. While GBPJOD is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_GBPJOD
Open High Low GBPJOD Price Change
0.8822834 0.8822834 0.8822834 0.8822834 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPJOD

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 0.8891229

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.8975763

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.8912609

Smart Scan Analysis for GBPJOD

Based on our trend formula, GBPJOD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8822834 0.8822834 0.8822834 0.8822834 0.0000000
Prev. Close Volume Bid Ask Time
0.8822834 2024-04-23 18:00:05
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