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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

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

Bull Market Weakness (+75) - JODAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JODAED as it may be in the beginning stages of a reversal.

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
5.1828211 5.1829541 5.1820809 5.1829541 +0.0001330
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term up The long-term trend has been UP since Mar 1st, 2024 at 5.1898800

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 5.1971943

short term up The short-term trend has been UP since Jun 18th, 2024 at 5.1856540

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
5.1828211 5.1829541 5.1820809 5.1829541 +0.0001330
Prev. Close Volume Bid Ask Time
5.1828211 2024-06-20 06:12:03
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