Forex Trend Analysis Report
Prepared for you on Thursday, January 23, 2020.
Jordanian Dinar/United Arab Emirates Dirham (FOREX:JODAED)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 5.1966000
The intermediate term trend has been UP since Jan 20th, 2020 at 5.1886650
The short term trend has been UP since Jan 20th, 2020 at 5.1811044
Smart Scan Analysis for JODAED
Based on a pre-defined weighted trend formula for chart analysis, JODAED scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).