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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Euro/Jordanian Dinar (FOREX:EURJOD)

Long-Term Downtrend (-90) - EURJOD is in a strong downtrend that is likely to continue. While EURJOD 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 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.

FOREX_EURJOD
Open High Low EURJOD Price Change
0.7611 0.7614 0.7578 0.7593 -0.0018
Entry Signal

MarketClub’s Trade Triangles for EURJOD

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.7585

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.7649

short term down The short-term trend has been DOWN since Jun 20th, 2024 at 0.7587

Smart Scan Analysis for EURJOD

Based on our trend formula, EURJOD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7611 0.7614 0.7578 0.7593 -0.0018
Prev. Close Volume Bid Ask Time
0.7611 2024-06-25 16:12:08
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