Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
US Dollar/Jordanian Dinar (FOREX:USDJOD)
Bull Market Weakness (+75) - USDJOD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDJOD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDJOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDJOD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDJOD
The long-term trend has been DOWN since Jul 6th, 2023 at 0.7090
The intermediate-term trend has been UP since Aug 29th, 2023 at 0.7081
The short-term trend has been UP since Sep 7th, 2023 at 0.7081
Smart Scan Analysis for USDJOD
Based on our trend formula, USDJOD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).