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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Jordanian Dinar/Israeli Shekel (FOREX:JODILS)

Countertrend Down (-85) - JODILS 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 JODILS?

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

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

FOREX_JODILS
Open High Low JODILS Price Change
5.1831709 5.1964019 5.1554098 5.1601248 -0.0230460
Entry Signal

MarketClub’s Trade Triangles for JODILS

long term down The long-term trend has been DOWN since Jul 11th, 2024 at 5.1207186

intermediate term down The intermediate-term trend has been DOWN since Jul 5th, 2024 at 5.1953231

short term up The short-term trend has been UP since Jul 25th, 2024 at 5.1529038

Smart Scan Analysis for JODILS

Based on our trend formula, JODILS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for JODILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1831709 5.1964019 5.1554098 5.1601248 -0.0230460
Prev. Close Volume Bid Ask Time
5.1831709 2024-07-26 17:00:05
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