Forex Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
Jordanian Dinar/Euro (FOREX:JODEUR)
Long-Term Uptrend (+90) - JODEUR is in a strong uptrend that is likely to continue. While JODEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid JODEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JODEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JODEUR
The long-term trend has been UP since Aug 6th, 2021 at 1.1995693
The intermediate-term trend has been UP since Nov 10th, 2021 at 1.2233446
The short-term trend has been UP since Dec 3rd, 2021 at 1.2496412
Smart Scan Analysis for JODEUR
Based on our trend formula, JODEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).