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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 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
1.3320455 1.3382855 1.3292124 1.3306274 -0.0014180
Entry Signal

MarketClub’s Trade Triangles for JODEUR

long term up The long-term trend has been UP since Nov 6th, 2024 at 1.3091981

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 1.3086840

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 1.3306274

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
1.3320455 1.3382855 1.3292124 1.3306274 -0.0014180
Prev. Close Volume Bid Ask Time
1.3316907 2024-11-19 22:33:34
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