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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

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

Sidelines Mode (-50) - JODAED is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until JODAED can gain momentum.

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
5.182266 5.182266 5.182266 5.182266 0.000000
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term up The long-term trend has been UP since Mar 1st, 2024 at 5.1898800

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 5.1751920

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 5.1785807

Smart Scan Analysis for JODAED

Based on our trend formula, JODAED is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for JODAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.182266 5.182266 5.182266 5.182266 0.000000
Prev. Close Volume Bid Ask Time
5.182266 2024-07-21 21:00:35
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