Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
Jordanian Dinar/United Arab Emirates Dirham (FOREX:JODAED)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Sep 2nd, 2018 at 5.19915
The intermediate term trend has been UP since Dec 23rd, 2018 at 5.20095
The short term trend has been UP since Feb 12th, 2019 at 5.18445
Smart Scan Analysis for JODAED
Based on a pre-defined weighted trend formula for chart analysis, JODAED scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).