Forex Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
US Dollar/Jordanian Dinar (FOREX:USDJOD)
Weak Uptrend (+65) - USDJOD is showing signs of weakening momentum to the upside. Monitor 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 UP since Sep 2nd, 2019 at 0.709
The intermediate-term trend has been DOWN since Jan 3rd, 2020 at 0.709
The short-term trend has been UP since Feb 17th, 2020 at 0.709
Smart Scan Analysis for USDJOD
Based on our trend formula, USDJOD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).