Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Jordanian Dinar/Israeli Shekel (FOREX:JODILS)
Sidelines Mode (+55) - JODILS 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 JODILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for JODILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JODILS
The long-term trend has been UP since Feb 21st, 2023 at 5.0465402
The intermediate-term trend has been DOWN since Mar 23rd, 2023 at 5.0230452
The short-term trend has been UP since Mar 27th, 2023 at 5.1237009
Smart Scan Analysis for JODILS
Based on our trend formula, JODILS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).