Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Jordanian Dinar/United Arab Emirates Dirham (FOREX:JODAED)
Sidelines Mode (+50) - JODAED is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until JODAED can gain momentum.
Is it time to buy, sell, or avoid JODAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for JODAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JODAED
The long-term trend has been DOWN since Feb 7th, 2021 at 5.1651749
The intermediate-term trend has been UP since Feb 25th, 2021 at 5.1876833
The short-term trend has been UP since Feb 25th, 2021 at 5.1861628
Smart Scan Analysis for JODAED
Based on our trend formula, JODAED is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).