Free Daily Analysis

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.

FOREX_JODAED
Open High Low JODAED Price Change
5.1808614 5.1810470 5.1770404 5.1809466 +0.0000850
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term up The long-term trend has been UP since Jun 13th, 2021 at 5.1891094

intermediate term up The intermediate-term trend has been UP since Sep 19th, 2021 at 5.1895487

short term down 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).

+85
Smart Scan Analysis for JODAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1808614 5.1810470 5.1770404 5.1809466 +0.0000850
Prev. Close Volume Bid Ask Time
5.1808614 2021-10-21 16:33:57
Get a free daily analysis and signals for Jordanian Dinar/United Arab Emirates Dirham (JODAED) - Request Your Free Report.