Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
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 Sep 18th, 2023 at 0.8793917
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 0.9074503
The short-term trend has been DOWN since Sep 4th, 2023 at 0.8938681
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).