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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Japanese Yen/Australian Dollar (FOREX:JPYAUD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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_JPYAUD
Open High Low JPYAUD Price Change
0.012504 0.012531 0.012453 0.012516 +0.000012
Entry Signal

MarketClub’s Trade Triangles for JPYAUD

long term up The long term trend has been UP since Aug 10th, 2018 at 0.012403

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 0.012533

short term down The short term trend has been DOWN since Oct 18th, 2018 at 0.012448

Smart Scan Analysis for JPYAUD

Based on a pre-defined weighted trend formula for chart analysis, JPYAUD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for JPYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.012504 0.012531 0.012453 0.012516 +0.000012
Prev. Close Volume Bid Ask Time
0.012504 0.012496 0.012536 2018-10-22 19:08:10
Want to analyze Japanese Yen/Australian Dollar JPYAUD or another symbol? Try our Free Forex Trend Analysis Report.