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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

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
0.009517 0.009619 0.009515 0.009585 +0.000068
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 Jul 17th, 2024 at 0.00946500

short term up The short-term trend has been UP since Jul 12th, 2024 at 0.00936900

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
0.009517 0.009619 0.009515 0.009585 +0.000068
Prev. Close Volume Bid Ask Time
0.009517 2024-07-22 19:19:21
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