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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Australian Dollar/Japanese Yen (FOREX:AUDJPY)

Sidelines Mode (-55) - AUDJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AUDJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDJPY
Open High Low AUDJPY Price Change
65.9155 66.5025 65.8570 66.3000 +0.3845
Entry Signal

MarketClub’s Trade Triangles for AUDJPY

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 72.4400

intermediate term down The intermediate-term trend has been DOWN since Jan 5th, 2020 at 74.8565

short term up The short-term trend has been UP since Mar 20th, 2020 at 65.5130

Smart Scan Analysis for AUDJPY

Based on our trend formula, AUDJPY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AUDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.9155 66.5025 65.8570 66.3000 +0.3845
Prev. Close Volume Bid Ask Time
65.9155 66.2800 66.3200 2020-03-30 06:30:23
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