Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Jordanian Dinar/US Dollar (FOREX:JODUSD)
Weak Downtrend (-65) - JODUSD is showing signs of a strengthening downtrend. Monitor JODUSD as it may be building momentum to the downside.
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 Nov 11th, 2020 at 1.4116495
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 1.4104548
The short-term trend has been DOWN since Feb 23rd, 2021 at 1.4104548
Smart Scan Analysis for JODUSD
Based on our trend formula, JODUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).