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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Euro/Jordanian Dinar (FOREX:EURJOD)

Sidelines Mode (+55) - EURJOD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_EURJOD
Open High Low EURJOD Price Change
0.7696 0.7699 0.7693 0.7694 -0.0002
Entry Signal

MarketClub’s Trade Triangles for EURJOD

long term up The long-term trend has been UP since Jul 15th, 2024 at 0.7734

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 0.7677

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 0.7708

Smart Scan Analysis for EURJOD

Based on our trend formula, EURJOD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7696 0.7699 0.7693 0.7694 -0.0002
Prev. Close Volume Bid Ask Time
0.7696 2024-07-26 14:00:14
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