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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Japanese Yen/Australian Dollar (FOREX:JPYAUD)

Crossroads (+60) - JPYAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_JPYAUD
Open High Low JPYAUD Price Change
0.01050400 0.01054900 0.01045694 0.01045694 -0.00004700
Entry Signal

MarketClub’s Trade Triangles for JPYAUD

long term down The long-term trend has been DOWN since Jun 2nd, 2023 at 0.01080614

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2023 at 0.01039543

short term up The short-term trend has been UP since Nov 28th, 2023 at 0.01022500

Smart Scan Analysis for JPYAUD

Based on our trend formula, JPYAUD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01050400 0.01054900 0.01045694 0.01045694 -0.00004700
Prev. Close Volume Bid Ask Time
0.01050400 2023-12-08 21:03:09
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