Forex Trend Analysis Report
Prepared for you on Sunday, January 29, 2023.
Jordanian Dinar/Euro (FOREX:JODEUR)
Countertrend Down (-85) - JODEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for JODEUR
The long-term trend has been DOWN since Nov 11th, 2022 at 1.3625401
The intermediate-term trend has been DOWN since Jan 9th, 2023 at 1.3153983
The short-term trend has been UP since Jan 27th, 2023 at 1.2984872
Smart Scan Analysis for JODEUR
Based on our trend formula, JODEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).