Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
Czech Koruna/Japanese Yen (FOREX:CZKJPY)
Sidelines Mode (-50) - CZKJPY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CZKJPY can gain momentum.
Is it time to buy, sell, or avoid CZKJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKJPY
The long-term trend has been UP since Mar 27th, 2022 at 5.474745
The intermediate-term trend has been DOWN since Jul 6th, 2022 at 5.575770
The short-term trend has been DOWN since Aug 15th, 2022 at 5.600530
Smart Scan Analysis for CZKJPY
Based on our trend formula, CZKJPY is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).