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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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

Sidelines Mode (+55) - JODAED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
5.1805285 5.1810491 5.1799376 5.1808594 +0.0003310
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term up The long-term trend has been UP since Jun 16th, 2019 at 5.1966000

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2020 at 5.1886650

short term down The short-term trend has been DOWN since Feb 13th, 2020 at 5.1762883

Smart Scan Analysis for JODAED

Based on our trend formula, JODAED is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for JODAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1805285 5.1810491 5.1799376 5.1808594 +0.0003310
Prev. Close Volume Bid Ask Time
5.1805285 5.1776042 5.1841146 2020-02-17 15:45:50
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