Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Euro/Jordanian Dinar (FOREX:EURJOD)
Weak Downtrend (-65) - EURJOD is showing signs of a strengthening downtrend. Monitor EURJOD as it may be building momentum to the downside.
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 DOWN since Aug 6th, 2021 at 0.8337
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.8314
The short-term trend has been UP since Oct 13th, 2021 at 0.8213
Smart Scan Analysis for EURJOD
Based on our trend formula, EURJOD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).