Forex Trend Analysis Report
Prepared for you on Thursday, July 9, 2020.
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 DOWN since Mar 19th, 2020 at 0.7644
The intermediate-term trend has been UP since May 19th, 2020 at 0.7767
The short-term trend has been UP since Jul 6th, 2020 at 0.8002
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).