Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

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 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
5.1809471 5.1809471 5.1760622 5.1808585 -0.0000890
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term down The long-term trend has been DOWN since May 26th, 2022 at 5.1667528

intermediate term down The intermediate-term trend has been DOWN since Aug 11th, 2022 at 5.1663454

short term up The short-term trend has been UP since Aug 15th, 2022 at 5.1852611

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
5.1809471 5.1809471 5.1760622 5.1808585 -0.0000890
Prev. Close Volume Bid Ask Time
5.1809471 2022-08-16 04:02:49
Get a free daily analysis and signals for Jordanian Dinar/United Arab Emirates Dirham (JODAED) - Request Your Free Report.