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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Japanese Yen/Australian Dollar (FOREX:JPYAUD)

Bear Market Rally (-75) - JPYAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYAUD as it may be in the beginning of a reversal.

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

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

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

FOREX_JPYAUD
Open High Low JPYAUD Price Change
0.01011667 0.01018542 0.01010900 0.01014500 +0.00002800
Entry Signal

MarketClub’s Trade Triangles for JPYAUD

long term down The long-term trend has been DOWN since Jun 2nd, 2023 at 0.01080614

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.01011239

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.01014404

Smart Scan Analysis for JPYAUD

Based on our trend formula, JPYAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for JPYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01011667 0.01018542 0.01010900 0.01014500 +0.00002800
Prev. Close Volume Bid Ask Time
0.01011667 2024-03-28 21:16:21
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