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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
US Dollar/Jordanian Dinar (FOREX:USDJOD)
Long-Term Downtrend (-90) - USDJOD is in a strong downtrend that is likely to continue. While USDJOD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Jan 30th, 2024 at 0.7094
The short-term trend has been DOWN since Feb 27th, 2024 at 0.7090
Smart Scan Analysis for USDJOD
Based on our trend formula, USDJOD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7088 | 0.7088 | 0.7088 | 0.7088 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7088 | 2024-04-23 18:00:05 |