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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

Australian Dollar/Japanese Yen (FOREX:AUDJPY)

Weak Downtrend (-65) - AUDJPY is showing signs of a strengthening downtrend. Monitor AUDJPY as it may be building momentum to the downside.

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.

FOREX_AUDJPY
Open High Low AUDJPY Price Change
99.9245 100.1130 99.4170 99.4170 -0.5075
Entry Signal

MarketClub’s Trade Triangles for AUDJPY

long term up The long-term trend has been UP since Feb 22nd, 2024 at 98.864

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 105.672

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 108.230

Smart Scan Analysis for AUDJPY

Based on our trend formula, AUDJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.9245 100.1130 99.4170 99.4170 -0.5075
Prev. Close Volume Bid Ask Time
99.9245 2024-07-25 03:32:52
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