Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
Japanese Yen/Australian Dollar (FOREX:JPYAUD)
Bull Market Weakness (+75) - JPYAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid JPYAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYAUD
The long-term trend has been UP since Dec 3rd, 2021 at 0.01268400
The intermediate-term trend has been UP since Nov 7th, 2021 at 0.01193052
The short-term trend has been DOWN since Dec 7th, 2021 at 0.01243500
Smart Scan Analysis for JPYAUD
Based on our trend formula, JPYAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).