Forex Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Jordanian Dinar/US Dollar (FOREX:JODUSD)
Bear Market Rally (-75) - JODUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JODUSD as it may be in the beginning of a reversal.
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 DOWN since Apr 8th, 2021 at 1.4100570
The intermediate-term trend has been DOWN since Mar 26th, 2021 at 1.4104548
The short-term trend has been DOWN since Apr 8th, 2021 at 1.4102559
Smart Scan Analysis for JODUSD
Based on our trend formula, JODUSD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).