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Forex Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

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

Crossroads (-60) - JODAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
5.1798928 5.1823553 5.1696321 5.1793939 -0.0004990
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term up The long-term trend has been UP since Nov 8th, 2024 at 5.1982005

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2024 at 5.1640952

short term down The short-term trend has been DOWN since Nov 22nd, 2024 at 5.1742374

Smart Scan Analysis for JODAED

Based on our trend formula, JODAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for JODAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1798928 5.1823553 5.1696321 5.1793939 -0.0004990
Prev. Close Volume Bid Ask Time
5.1798928 2024-12-02 10:41:15
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