Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Jordanian Dinar/United Arab Emirates Dirham (FOREX:JODAED)
Countertrend Up (+85) - JODAED is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jun 13th, 2021 at 5.1891094
The intermediate-term trend has been UP since Sep 19th, 2021 at 5.1895487
The short-term trend has been DOWN since Oct 18th, 2021 at 5.1803917
Smart Scan Analysis for JODAED
Based on our trend formula, JODAED is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).