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Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

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

Crossroads (+60) - JODAED is struggling to move into a solid trend. Beware of choppy markets 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
5.1802789 5.1845638 5.1764925 5.1806764 +0.0003980
Entry Signal

MarketClub’s Trade Triangles for JODAED

long term up The long-term trend has been UP since Jun 13th, 2021 at 5.1891094

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2022 at 5.1726368

short term down The short-term trend has been DOWN since Jan 12th, 2022 at 5.1764267

Smart Scan Analysis for JODAED

Based on our trend formula, JODAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JODAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1802789 5.1845638 5.1764925 5.1806764 +0.0003980
Prev. Close Volume Bid Ask Time
5.1802789 2022-01-21 16:51:37
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