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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Jordanian Dinar (FOREX:USDJOD)
Countertrend Down (-85) - USDJOD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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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 DOWN since Jun 6th, 2024 at 0.7087
The short-term trend has been UP since Jul 22nd, 2024 at 0.7087
Smart Scan Analysis for USDJOD
Based on our trend formula, USDJOD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7088 | 0.7088 | 0.7087 | 0.7087 | -0.0001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7088 | 2024-07-26 14:00:14 |