Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Australian Dollar/Japanese Yen (FOREX:AUDJPY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_AUDJPY
Open High Low AUDJPY Price Change
72.123 72.274 72.091 72.252 +0.129
Entry Signal

MarketClub’s Trade Triangles for AUDJPY

long term down The long term trend has been DOWN since May 5th, 2019 at 77.462

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2019 at 78.500

short term up The short term trend has been UP since Aug 13th, 2019 at 72.210

Smart Scan Analysis for AUDJPY

Based on a pre-defined weighted trend formula for chart analysis, AUDJPY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for AUDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.123 72.274 72.091 72.252 +0.129
Prev. Close Volume Bid Ask Time
72.123 72.205 72.299 2019-08-18 15:23:08
Want to analyze Australian Dollar/Japanese Yen AUDJPY or another symbol? Try our Free Forex Trend Analysis Report.