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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

US Dollar/Jordanian Dinar (FOREX:USDJOD)

Strong Downtrend (-100) - USDJOD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDJOD continues to fall. 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.

FOREX_USDJOD
Open High Low USDJOD Price Change
0.7097 0.7098 0.7085 0.7090 -0.0007
Entry Signal

MarketClub’s Trade Triangles for USDJOD

long term down The long-term trend has been DOWN since Jun 1st, 2022 at 0.7083

intermediate term down The intermediate-term trend has been DOWN since Aug 10th, 2022 at 0.7090

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 0.7090

Smart Scan Analysis for USDJOD

Based on our trend formula, USDJOD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for USDJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7097 0.7098 0.7085 0.7090 -0.0007
Prev. Close Volume Bid Ask Time
0.7097 2022-08-10 03:06:48
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