Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Jordanian Dinar/US Dollar (FOREX:JODUSD)
Strong Uptrend (+100) - JODUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JODUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid JODUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JODUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JODUSD
The long-term trend has been UP since May 7th, 2020 at 1.4118488
The intermediate-term trend has been UP since May 7th, 2020 at 1.4104548
The short-term trend has been UP since May 26th, 2020 at 1.4104548
Smart Scan Analysis for JODUSD
Based on our trend formula, JODUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).