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Forex Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

Australian Dollar/Japanese Yen (FOREX:AUDJPY)

Long-Term Uptrend (+90) - AUDJPY is in a strong uptrend that is likely to continue. While AUDJPY 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 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
76.350 76.510 76.152 76.242 -0.108
Entry Signal

MarketClub’s Trade Triangles for AUDJPY

long term up The long-term trend has been UP since Jun 1st, 2020 at 72.5805

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2020 at 67.6805

short term up The short-term trend has been UP since Jul 31st, 2020 at 75.5165

Smart Scan Analysis for AUDJPY

Based on our trend formula, AUDJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for AUDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.350 76.510 76.152 76.242 -0.108
Prev. Close Volume Bid Ask Time
76.350 76.241 76.243 2020-08-14 07:07:06
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