Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Japanese Yen/Australian Dollar (FOREX:JPYAUD)
Long-Term Uptrend (+90) - JPYAUD is in a strong uptrend that is likely to continue. While JPYAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 2nd, 2022 at 0.01101400
The intermediate-term trend has been UP since Mar 7th, 2023 at 0.01101982
The short-term trend has been UP since Mar 20th, 2023 at 0.01143600
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).