Forex Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Japanese Yen/Australian Dollar (FOREX:JPYAUD)
Weak Downtrend (-65) - JPYAUD is showing signs of a strengthening downtrend. Monitor JPYAUD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid JPYAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYAUD
The long-term trend has been DOWN since Dec 10th, 2020 at 0.012766
The intermediate-term trend has been DOWN since Apr 20th, 2021 at 0.011835
The short-term trend has been DOWN since Apr 20th, 2021 at 0.011851
Smart Scan Analysis for JPYAUD
Based on our trend formula, JPYAUD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).