Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
British Pound/Jordanian Dinar (FOREX:GBPJOD)
Bull Market Weakness (+75) - GBPJOD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPJOD as it may be in the beginning stages of a reversal.
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 UP since Jul 21st, 2020 at 0.9024892
The intermediate-term trend has been UP since Oct 14th, 2020 at 0.9177222
The short-term trend has been DOWN since Nov 27th, 2020 at 0.9448431
Smart Scan Analysis for GBPJOD
Based on our trend formula, GBPJOD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).