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Forex Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

Japanese Yen/Czech Koruna (FOREX:JPYCZK)

Bear Market Rally (-75) - JPYCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYCZK as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid JPYCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYCZK
Open High Low JPYCZK Price Change
0.15008632 0.15191111 0.14995277 0.15155800 +0.00147200
Entry Signal

MarketClub’s Trade Triangles for JPYCZK

long term down The long-term trend has been DOWN since Apr 23rd, 2024 at 0.15238570

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.15334370

short term up The short-term trend has been UP since Apr 29th, 2024 at 0.15171704

Smart Scan Analysis for JPYCZK

Based on our trend formula, JPYCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for JPYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15008632 0.15191111 0.14995277 0.15155800 +0.00147200
Prev. Close Volume Bid Ask Time
0.15008632 2024-05-02 10:10:49
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