Forex Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
Japanese Yen/Australian Dollar (FOREX:JPYAUD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for JPYAUD
The long term trend has been UP since Feb 9th, 2018 at 0.011853
The intermediate term trend has been DOWN since Apr 9th, 2018 at 0.012100
The short term trend has been UP since Apr 20th, 2018 at 0.012068
Smart Scan Analysis for JPYAUD
Based on a pre-defined weighted trend formula for chart analysis, JPYAUD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).