Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Jordanian Dinar/Euro (FOREX:JODEUR)

Countertrend Up (+85) - JODEUR 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 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.

FOREX_JODEUR
Open High Low JODEUR Price Change
1.3214828 1.3258635 1.3200871 1.3258635 +0.0043810
Entry Signal

MarketClub’s Trade Triangles for JODEUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 1.3185205

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 1.3015295

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 1.3220070

Smart Scan Analysis for JODEUR

Based on our trend formula, JODEUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for JODEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3214828 1.3258635 1.3200871 1.3258635 +0.0043810
Prev. Close Volume Bid Ask Time
1.3214828 2024-04-18 16:49:40
Get a free daily analysis and signals for Jordanian Dinar/Euro (JODEUR) - Request Your Free Report.