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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 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.

FOREX_AUDJPY
Open High Low AUDJPY Price Change
100.61648 100.61648 100.58716 100.61648 0.00000
Entry Signal

MarketClub’s Trade Triangles for AUDJPY

long term down The long-term trend has been DOWN since Jul 31st, 2024 at 97.7930

intermediate term up The intermediate-term trend has been UP since Sep 26th, 2024 at 99.8800

short term down The short-term trend has been DOWN since Oct 25th, 2024 at 100.4595

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).

-55
Smart Scan Analysis for AUDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
100.61648 100.61648 100.58716 100.61648 0.00000
Prev. Close Volume Bid Ask Time
100.61648 2024-10-26 04:47:49
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