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Forex Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
Australian Dollar/Japanese Yen (FOREX:AUDJPY)
Sidelines Mode (+55) - AUDJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AUDJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AUDJPY
The long-term trend has been UP since Feb 22nd, 2024 at 98.8640
The intermediate-term trend has been UP since Mar 19th, 2024 at 98.8886
The short-term trend has been DOWN since Apr 10th, 2024 at 99.5210
Smart Scan Analysis for AUDJPY
Based on our trend formula, AUDJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 99.2400 | 99.5270 | 99.0095 | 99.3435 | +0.1035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 99.2400 | 2024-04-17 20:19:06 |