Forex Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
Euro/Jordanian Dinar (FOREX:EURJOD)
Crossroads (-60) - EURJOD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURJOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURJOD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURJOD
The long-term trend has been UP since Nov 11th, 2022 at 0.7340
The intermediate-term trend has been DOWN since May 11th, 2023 at 0.7745
The short-term trend has been DOWN since Jun 6th, 2023 at 0.7575
Smart Scan Analysis for EURJOD
Based on our trend formula, EURJOD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).