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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Jordanian Dinar/United Arab Emirates Dirham (FOREX:JODAED)

Sidelines Mode (-55) - JODAED 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 JODAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for JODAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JODAED
Open High Low JODAED Price Change
5.1806150 5.1851420 5.1768593 5.1807683 +0.0001530
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 5.1655103

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2020 at 5.1625257

short term up The short-term trend has been UP since Apr 7th, 2020 at 5.1938482

Smart Scan Analysis for JODAED

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

-55
Smart Scan Analysis for JODAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1806150 5.1851420 5.1768593 5.1807683 +0.0001530
Prev. Close Volume Bid Ask Time
5.1806150 5.1775240 5.1840125 2020-04-09 07:02:07
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