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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Jordanian Dinar/Euro (FOREX:JODEUR)

Countertrend Up (+85) - JODEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
1.2101674 1.2167943 1.2094356 1.2162024 +0.0060350
Entry Signal

MarketClub’s Trade Triangles for JODEUR

long term up The long-term trend has been UP since Aug 6th, 2021 at 1.1995693

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 1.2028884

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 1.2098746

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).

+85
Smart Scan Analysis for JODEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2101674 1.2167943 1.2094356 1.2162024 +0.0060350
Prev. Close Volume Bid Ask Time
1.2101674 2021-10-25 23:24:13
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