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.
MarketClub’s Trade Triangles for JODUSD
The long-term trend has been UP since Jun 1st, 2022 at 1.4118487
The intermediate-term trend has been DOWN since Aug 18th, 2022 at 1.4084682
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).