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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Jordanian Dinar/US Dollar (FOREX:JODUSD)

Crossroads (+60) - JODUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_JODUSD
Open High Low JODUSD Price Change
1.4092621 1.4104548 1.4088650 1.4104548 +0.0011930
Entry Signal

MarketClub’s Trade Triangles for JODUSD

long term up The long-term trend has been UP since Jun 1st, 2022 at 1.4118487

intermediate term down The intermediate-term trend has been DOWN since Aug 18th, 2022 at 1.4084682

short term down The short-term trend has been DOWN since Aug 18th, 2022 at 1.4088650

Smart Scan Analysis for JODUSD

Based on our trend formula, JODUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JODUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4092621 1.4104548 1.4088650 1.4104548 +0.0011930
Prev. Close Volume Bid Ask Time
1.4092621 2022-08-19 13:30:29
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