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.
MarketClub’s Trade Triangles for JODEUR
The long-term trend has been UP since Aug 6th, 2021 at 1.1995693
The intermediate-term trend has been UP since Sep 20th, 2021 at 1.2028884
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).