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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.

FOREX_JODAED
Open High Low JODAED Price Change
5.1804671 5.1846810 5.1765472 5.1807101 +0.0002430
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term down The long-term trend has been DOWN since Feb 7th, 2021 at 5.1651749

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 5.1876833

short term up 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).

+50
Smart Scan Analysis for JODAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1804671 5.1846810 5.1765472 5.1807101 +0.0002430
Prev. Close Volume Bid Ask Time
5.1804671 2021-03-05 17:04:12
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