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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.

FOREX_GBPJOD
Open High Low GBPJOD Price Change
0.8427053 0.8427053 0.8383248 0.8388179 -0.0038870
Entry Signal

MarketClub’s Trade Triangles for GBPJOD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 0.9699706

intermediate term down The intermediate-term trend has been DOWN since Aug 18th, 2022 at 0.8530093

short term down 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).

-100
Smart Scan Analysis for GBPJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8427053 0.8427053 0.8383248 0.8388179 -0.0038870
Prev. Close Volume Bid Ask Time
0.8427053 2022-08-19 13:30:29
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