Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
Japanese Yen/Australian Dollar (FOREX:JPYAUD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JPYAUD
The long term trend has been UP since Dec 21st, 2018 at 0.012730
The intermediate term trend has been UP since Feb 7th, 2019 at 0.012901
The short term trend has been UP since Feb 21st, 2019 at 0.012737
Smart Scan Analysis for JPYAUD
Based on a pre-defined weighted trend formula for chart analysis, JPYAUD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).