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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Australian Dollar/Japanese Yen (FOREX:AUDJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

FOREX_AUDJPY
Open High Low AUDJPY Price Change
74.170 74.241 73.970 74.210 +0.040
Entry Signal

MarketClub’s Trade Triangles for AUDJPY

long term up The long term trend has been UP since Nov 5th, 2019 at 75.29750

intermediate term down The intermediate term trend has been DOWN since Nov 13th, 2019 at 73.93000

short term down The short term trend has been DOWN since Dec 4th, 2019 at 74.04897

Smart Scan Analysis for AUDJPY

Based on a pre-defined weighted trend formula for chart analysis, AUDJPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for AUDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.170 74.241 73.970 74.210 +0.040
Prev. Close Volume Bid Ask Time
74.170 74.204 74.216 2019-12-09 13:24:49
Want to analyze Australian Dollar/Japanese Yen AUDJPY or another symbol? Try our Free Forex Trend Analysis Report.