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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for GBPJOD
The long-term trend has been DOWN since Nov 14th, 2024 at 0.8996294
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 0.9286019
The short-term trend has been DOWN since Nov 13th, 2024 at 0.9132173
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8962392 | 0.8991200 | 0.8962392 | 0.8989377 | +0.0026980 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8993166 | 2024-11-18 21:06:11 |