Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Jordanian Dinar/US Dollar (FOREX:JODUSD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JODUSD
The long term trend has been DOWN since Sep 2nd, 2019 at 1.4104500
The intermediate term trend has been UP since Jan 3rd, 2020 at 1.4104548
The short term trend has been UP since Jan 31st, 2020 at 1.4104548
Smart Scan Analysis for JODUSD
Based on a pre-defined weighted trend formula for chart analysis, JODUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).