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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

US Dollar/Jordanian Dinar (FOREX:USDJOD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDJOD
Open High Low USDJOD Price Change
0.7080 0.7080 0.7070 0.7070 -0.0010
Entry Signal

MarketClub’s Trade Triangles for USDJOD

long term down The long term trend has been DOWN since Jan 30th, 2019 at 0.7090

intermediate term down The intermediate term trend has been DOWN since Jun 18th, 2019 at 0.7080

short term down The short term trend has been DOWN since May 21st, 2019 at 0.7081

Smart Scan Analysis for USDJOD

Based on a pre-defined weighted trend formula for chart analysis, USDJOD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for USDJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7080 0.7080 0.7070 0.7070 -0.0010
Prev. Close Volume Bid Ask Time
0.7080 0.7045 0.7095 2019-08-16 15:33:07
Want to analyze US Dollar/Jordanian Dinar USDJOD or another symbol? Try our Free Forex Trend Analysis Report.