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Forex Trend Analysis Report

Prepared for you on Tuesday, November 28, 2023.

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

Bear Market Rally (-75) - JODAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JODAED as it may be in the beginning 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
5.1775003 5.1871871 5.1704007 5.1750064 -0.0024940
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term down The long-term trend has been DOWN since Nov 15th, 2023 at 5.1656027

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2023 at 5.1898257

short term down The short-term trend has been DOWN since Nov 27th, 2023 at 5.1735708

Smart Scan Analysis for JODAED

Based on our trend formula, JODAED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for JODAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1775003 5.1871871 5.1704007 5.1750064 -0.0024940
Prev. Close Volume Bid Ask Time
5.1775003 2023-11-28 14:02:55
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