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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Jordanian Dinar/United Arab Emirates Dirham (FOREX:JODAED)

Weak Downtrend (-65) - JODAED is showing signs of a strengthening downtrend. Monitor JODAED as it may be building momentum to the downside.

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.

FOREX_JODAED
Open High Low JODAED Price Change
5.1796750 5.1827026 5.1742374 5.1780202 -0.0016550
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term up The long-term trend has been UP since Nov 8th, 2024 at 5.1982005

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2024 at 5.1640952

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 5.1750524

Smart Scan Analysis for JODAED

Based on our trend formula, JODAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for JODAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1796750 5.1827026 5.1742374 5.1780202 -0.0016550
Prev. Close Volume Bid Ask Time
5.1784288 2024-11-19 22:33:34
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