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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.

FOREX_JODUSD
Open High Low JODUSD Price Change
1.4104548 1.4104548 1.4104548 1.4104548 0.0000000
Entry Signal

MarketClub’s Trade Triangles for JODUSD

long term up The long-term trend has been UP since May 7th, 2020 at 1.4118488

intermediate term up The intermediate-term trend has been UP since May 7th, 2020 at 1.4104548

short term down 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).

+85
Smart Scan Analysis for JODUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4104548 1.4104548 1.4104548 1.4104548 0.0000000
Prev. Close Volume Bid Ask Time
1.4104548 1.4054814 1.4154282 2020-05-25 21:04:36
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