Forex Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
Jordanian Dinar/United Arab Emirates Dirham (FOREX:JODAED)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JODAED
The long term trend has been UP since Jun 16th, 2019 at 5.19660
The intermediate term trend has been UP since Jun 16th, 2019 at 5.19230
The short term trend has been DOWN since Jul 14th, 2019 at 5.17675
Smart Scan Analysis for JODAED
Based on a pre-defined weighted trend formula for chart analysis, JODAED scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).