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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Czech Koruna/Japanese Yen (FOREX:CZKJPY)
Sidelines Mode (+55) - CZKJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for CZKJPY
The long-term trend has been UP since Nov 3rd, 2024 at 6.5684983
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 6.4230187
The short-term trend has been UP since Nov 20th, 2024 at 6.4971100
Smart Scan Analysis for CZKJPY
Based on our trend formula, CZKJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.4939900 | 6.5196250 | 6.4916041 | 6.5052450 | +0.0112550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.4939900 | 2024-11-20 03:31:42 |