Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Australian Dollar/Japanese Yen (FOREX:AUDJPY)

Crossroads (+60) - AUDJPY is struggling to move into a solid trend. Beware of choppy markets 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
98.2270 98.2910 97.9125 98.2480 +0.0210
Entry Signal

MarketClub’s Trade Triangles for AUDJPY

long term up The long-term trend has been UP since Nov 6th, 2024 at 101.6920

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2024 at 99.5545

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 97.6255

Smart Scan Analysis for AUDJPY

Based on our trend formula, AUDJPY is rated as a +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
98.2270 98.2910 97.9125 98.2480 +0.0210
Prev. Close Volume Bid Ask Time
98.2270 2024-12-26 09:09:05
Get a free daily analysis and signals for Australian Dollar/Japanese Yen (AUDJPY) - Request Your Free Report.