JPYAUD Japan Yen - Australian Dollar Forecast, Technical & Fundamental Analysis
Momentum Indicator for JPYAUD turns negative, indicating new downward trend
JPYAUD saw its Momentum Indicator move below the 0 level on April 17, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 137 similar instances where the indicator turned negative. In of the 137 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
JPYAUD and Forex
Correlation & Price change
A.I.dvisor tells us that JPYAUD and AUDJPY have been negatively correlated (-99% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that JPYAUD and AUDJPY's prices could move in opposite directions.
| Ticker / NAME | Correlation To JPYAUD | 1D Price Change % | ||
|---|---|---|---|---|
| JPYAUD | 100% | -0.94% | ||
| AUDJPY - JPYAUD | -99% Negatively correlated | N/A |