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Forex Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

US Dollar/Jordanian Dinar (FOREX:USDJOD)

Weak Downtrend (-65) - USDJOD is showing signs of a strengthening downtrend. Monitor USDJOD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid USDJOD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDJOD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDJOD
Open High Low USDJOD Price Change
0.7085 0.7090 0.7085 0.7090 +0.0005
Entry Signal

MarketClub’s Trade Triangles for USDJOD

long term down The long-term trend has been DOWN since Aug 4th, 2021 at 0.7084

intermediate term down The intermediate-term trend has been DOWN since Oct 12th, 2021 at 0.7086

short term down The short-term trend has been DOWN since Sep 20th, 2021 at 0.7090

Smart Scan Analysis for USDJOD

Based on our trend formula, USDJOD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7085 0.7090 0.7085 0.7090 +0.0005
Prev. Close Volume Bid Ask Time
0.7085 2021-10-15 05:11:16
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