Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Czech Koruna/Japanese Yen (FOREX:CZKJPY)
Bull Market Weakness (+75) - CZKJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKJPY as it may be in the beginning stages of a reversal.
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 DOWN since Oct 15th, 2020 at 4.5006700
The intermediate-term trend has been UP since Nov 6th, 2020 at 4.6230175
The short-term trend has been UP since Nov 20th, 2020 at 4.6896567
Smart Scan Analysis for CZKJPY
Based on our trend formula, CZKJPY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).