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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

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.

FOREX_USDJOD
Open High Low USDJOD Price Change
0.709 0.709 0.709 0.709 0.000
Entry Signal

MarketClub’s Trade Triangles for USDJOD

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 0.7084

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2021 at 0.7090

short term up The short-term trend has been UP since Feb 23rd, 2021 at 0.7090

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).

+70
Smart Scan Analysis for USDJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.709 0.709 0.709 0.709 0.000
Prev. Close Volume Bid Ask Time
0.709 2021-02-26 10:57:43
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