Forex Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
Japanese Yen/Australian Dollar (FOREX:JPYAUD)
Crossroads (+60) - JPYAUD 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 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 Oct 14th, 2021 at 0.01187600
The intermediate-term trend has been UP since Nov 7th, 2021 at 0.01193052
The short-term trend has been UP since Dec 2nd, 2021 at 0.01249500
Smart Scan Analysis for JPYAUD
Based on our trend formula, JPYAUD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).