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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Jordanian Dinar/Euro (FOREX:JODEUR)

Sidelines Mode (-55) - JODEUR 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 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
1.2994997 1.3000066 1.2989933 1.2998376 +0.0003380
Entry Signal

MarketClub’s Trade Triangles for JODEUR

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 1.2926121

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 1.3027165

short term up The short-term trend has been UP since Jul 24th, 2024 at 1.3013601

Smart Scan Analysis for JODEUR

Based on our trend formula, JODEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JODEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2994997 1.3000066 1.2989933 1.2998376 +0.0003380
Prev. Close Volume Bid Ask Time
1.2994997 2024-07-26 14:00:14
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