Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Jordanian Dinar/US Dollar (FOREX:JODUSD)
Long-Term Uptrend (+90) - JODUSD is in a strong uptrend that is likely to continue. While JODUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Aug 4th, 2021 at 1.4116494
The intermediate-term trend has been UP since Oct 12th, 2021 at 1.4112510
The short-term trend has been UP since Sep 20th, 2021 at 1.4104548
Smart Scan Analysis for JODUSD
Based on our trend formula, JODUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).