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Forex Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
Japanese Yen/Australian Dollar (FOREX:JPYAUD)
Countertrend Down (-85) - JPYAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for JPYAUD
The long-term trend has been DOWN since Jun 2nd, 2023 at 0.01080614
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 0.00991800
The short-term trend has been UP since May 1st, 2024 at 0.00986300
Smart Scan Analysis for JPYAUD
Based on our trend formula, JPYAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00989310 | 0.00989982 | 0.00985369 | 0.00986588 | -0.00002700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00989310 | 2024-05-05 19:22:33 |