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Forex Trend Analysis Report

Prepared for you on Monday, January 30, 2023.

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
5.1832923 5.1832923 5.1832923 5.1832923 0.0000000
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term down The long-term trend has been DOWN since Nov 6th, 2022 at 5.1570131

intermediate term up The intermediate-term trend has been UP since Jan 27th, 2023 at 5.1899866

short term down The short-term trend has been DOWN since Jan 27th, 2023 at 5.1691291

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
5.1832923 5.1832923 5.1832923 5.1832923 0.0000000
Prev. Close Volume Bid Ask Time
5.1832923 2023-01-28 03:03:13
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