Forex Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
Jordanian Dinar/Israeli Shekel (FOREX:JODILS)
Weak Downtrend (-65) - JODILS is showing signs of a strengthening downtrend. Monitor JODILS as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for JODILS
The long-term trend has been UP since Feb 21st, 2023 at 5.0465402
The intermediate-term trend has been DOWN since Nov 6th, 2023 at 5.5147963
The short-term trend has been DOWN since Dec 6th, 2023 at 5.2107106
Smart Scan Analysis for JODILS
Based on our trend formula, JODILS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).