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Forex Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

Jordanian Dinar/Euro (FOREX:JODEUR)

Long-Term Downtrend (-90) - JODEUR is in a strong downtrend that is likely to continue. While JODEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid JODEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for JODEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JODEUR
Open High Low JODEUR Price Change
1.1921325 1.1921325 1.1917063 1.1917063 -0.0004260
Entry Signal

MarketClub’s Trade Triangles for JODEUR

long term down The long-term trend has been DOWN since Jun 22nd, 2020 at 1.2529295

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2020 at 1.2529295

short term down The short-term trend has been DOWN since Aug 6th, 2020 at 1.1888724

Smart Scan Analysis for JODEUR

Based on our trend formula, JODEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for JODEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1921325 1.1921325 1.1917063 1.1917063 -0.0004260
Prev. Close Volume Bid Ask Time
1.1921325 1.1810559 1.2023566 2020-08-07 03:11:55
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