Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Jordanian Dinar/US Dollar (FOREX:JODUSD)

Countertrend Up (+85) - JODUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

FOREX_JODUSD
Open High Low JODUSD Price Change
1.4108528 1.4110518 1.4108528 1.4110518 +0.0001990
Entry Signal

MarketClub’s Trade Triangles for JODUSD

long term up The long-term trend has been UP since Jul 6th, 2023 at 1.4104548

intermediate term up The intermediate-term trend has been UP since Jun 6th, 2024 at 1.4110518

short term down The short-term trend has been DOWN since Jul 22nd, 2024 at 1.4110518

Smart Scan Analysis for JODUSD

Based on our trend formula, JODUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for JODUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4108528 1.4110518 1.4108528 1.4110518 +0.0001990
Prev. Close Volume Bid Ask Time
1.4108528 2024-07-26 14:00:14
Get a free daily analysis and signals for Jordanian Dinar/US Dollar (JODUSD) - Request Your Free Report.