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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 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 Nov 6th, 2024 at 101.6920
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 99.5545
The short-term trend has been UP since Nov 19th, 2024 at 101.1630
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 |
|---|---|---|---|---|
| 101.060 | 101.150 | 100.306 | 100.468 | -0.592 |
| Prev. Close | Volume | Bid | Ask | Time |
| 101.060 | 2024-11-21 05:52:25 |