Future Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
AUSTRALIAN $/JAPANESE YEN Dec 2021 (CME:AJY.Z21)
Long-Term Uptrend (+90) - AJY.Z21 is in a strong uptrend that is likely to continue. While AJY.Z21 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 AJY.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for AJY.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AJY.Z21
The long-term trend has been UP since Oct 7th, 2021 at 81.39
The intermediate-term trend has been UP since Oct 5th, 2021 at 81.02
The short-term trend has been UP since Oct 26th, 2021 at 85.51
Smart Scan Analysis for AJY.Z21
Based on our trend formula, AJY.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).