Forex Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Jordanian Dinar/US Dollar (FOREX:JODUSD)
Countertrend Up (+85) - JODUSD 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 JODUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JODUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JODUSD
The long-term trend has been UP since May 7th, 2020 at 1.4118488
The intermediate-term trend has been UP since May 7th, 2020 at 1.4104548
The short-term trend has been DOWN since May 14th, 2020 at 1.4102559
Smart Scan Analysis for JODUSD
Based on our trend formula, JODUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).