Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
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 DOWN since Jun 15th, 2021 at 4.5644050
The intermediate-term trend has been UP since Sep 30th, 2021 at 4.5448641
The short-term trend has been DOWN since Oct 14th, 2021 at 4.5461688
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).