Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Australian Dollar/Japanese Yen (FOREX:AUDJPY)
Strong Uptrend (+100) - AUDJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for AUDJPY
The long-term trend has been UP since Jun 1st, 2020 at 72.5805
The intermediate-term trend has been UP since Apr 8th, 2020 at 67.6805
The short-term trend has been UP since May 18th, 2020 at 69.5400
Smart Scan Analysis for AUDJPY
Based on our trend formula, AUDJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).