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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.

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 down The long-term trend has been DOWN since Apr 8th, 2021 at 1.4100570

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2021 at 1.4104548

short term down 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).

-80
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 2021-04-13 04:51:18
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