Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Japanese Yen/Australian Dollar (FOREX:JPYAUD)
Long-Term Downtrend (-90) - JPYAUD is in a strong downtrend that is likely to continue. While JPYAUD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Dec 10th, 2020 at 0.012766
The intermediate-term trend has been DOWN since Nov 8th, 2020 at 0.013251
The short-term trend has been DOWN since Feb 5th, 2021 at 0.012446
Smart Scan Analysis for JPYAUD
Based on our trend formula, JPYAUD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).